How the Iran crisis affects Japan ^76.6%

The Japan Times - By Eric Johnston - 4/29/2026, 12:10 AM

Negativity Bias 65.5% - Unattributed Quote 45.2% - Framing Effect 40.5%

As the situation in the Middle East shows no sign of returning to normal anytime soon, the Strait of Hormuz remains closed, preventing nearly one-fifth of the world’s oil exports from reaching their destinations. On Friday, Japan will begin to release another 20 days’ worth of oil from its domestic stockpiles. The use of stockpiles has... more