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Japan PM says Iran war oil crisis having ‘enormous impact’ in Asia Pacific
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Japan PM says Iran war oil crisis having ‘enormous impact’ in Asia Pacific

Al Jazeera·Adam Hancock·6 months ago
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Sanae Takaichi makes comments during a visit to Australia, where she signs agreements on energy supplies.

The global oil supply squeeze from shipping disruptions in the Strait of Hormuz during the United States-Israeli war on Iran is having an “enormous impact” across the Asia Pacific, Japan’s prime minister warns.

Sanae Takaichi made the comments on Monday during a visit to Australia, where both countries signed agreements to boost cooperation on energy and critical minerals.

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Roughly one-fifth of the world’s oil and liquefied natural gas supplies normally pass through the Strait of Hormuz, but shipping has been essentially blocked by Iran since it was attacked…

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