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Middle East conflict could affect Japan’s economy significantly, says BOJ's Ueda

March 4, 2026 at 07:45 AM
By Japan Times
 Middle East conflict could affect Japan’s economy significantly, says BOJ's Ueda
Japan’s reliance on Middle Eastern oil has hovered around 90%, the economy ministry has said, with much of that oil traveling through the Strait of Hormuz.

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Japan’s reliance on Middle Eastern oil has hovered around 90%, the economy ministry has said, with much of that oil traveling through the Strait of Ho Japan’s reliance on Middle Eastern oil has hovered around 90%, the economy ministry has said, with much of that oil traveling through the Strait of Ho Monitor developments in for further updates.

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Japan’s reliance on Middle Eastern oil has hovered around 90%, the economy ministry has said, with m

Japan’s reliance on Middle Eastern oil has hovered around 90%, the economy ministry has said, with much of that oil traveling through the Strait of Hormuz.
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