Japan PM warns of ‘enormous impact’ from Hormuz Strait closure as energy ties with Australia deepen
Diplomacy

Japan PM warns of ‘enormous impact’ from Hormuz Strait closure as energy ties with Australia deepen

Japan's PM warns of the 'enormous impact' of the Hormuz Strait closure due to the US-Israel-Iran war. As 80% of oil through the strait is destined for Asia, Japan and Australia have signed new energy and critical mineral agreements to secure supply chains amidst regional security concerns.

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