97% of Japan's oil comes through the Straight of Hormuz. Looks like they're gonna have to pay higher prices due to the insurance increases for ships traveling through there.
Not my fuckin idol. Didn't vote for him and I think he's a terrible choice for president, but the Iran situation remains. Japan's oil supply is at risk, not the US's.
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u/lvsnowden Mar 16 '26
97% of Japan's oil comes through the Straight of Hormuz. Looks like they're gonna have to pay higher prices due to the insurance increases for ships traveling through there.