综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Global EditionASIA 中文雙語Fran?ais
World
Home / World / Asia-Pacific

Japan sees stagflation risk rise

By HOU JUNJIE in Tokyo | China Daily | Updated: 2026-03-05 10:09
Share
Share - WeChat
A man walks past a screen displaying Japan's Nikkei share average and a graph showing recent movements, outside a brokerage in Tokyo on Wednesday. ISSEI KATO/REUTERS

Escalating tensions in the Middle East following joint military strikes by the United States and Israel against Iran are raising concerns in Japan about potential economic fallout, including stagflation risks.

Experts have questioned the legality of the attacks and warned that further escalation could disrupt traffic through the Strait of Hormuz, a critical route for global energy shipments. Any prolonged disruption would pose a severe challenge to Japan's economy, which depends heavily on energy supplies from the Middle East.

Tokyo stocks fell sharply on Wednesday amid a global sell-off triggered by rising oil prices and geopolitical uncertainty. The benchmark Nikkei 225 index closed down 3.61 percent, while the broader TOPIX index dropped 138.50 points to 3,633.67.

Figures from Japan's Agency for Natural Resources and Energy show that over 90 percent of the country's crude oil imports come from the Middle East, with most shipments passing through the Strait of Hormuz. Any prolonged disruption could push global oil prices even higher.

While the Japanese government said at a parliamentary committee meeting on Monday that its strategic petroleum reserves could cover roughly 254 days of domestic consumption, a sustained escalation in the Middle East could still put pressure on the country's energy supply.

Hideo Kumano, chief economist at the Dai-ichi Life Research Institute, said oil prices could surge significantly if tensions continue to escalate.

Persistently high oil prices would likely drive up gasoline and electricity costs, he said, and if the conflict drags on, the impact could spread more broadly across inflation.

Takahide Kiuchi, executive economist at Nomura Research Institute, warned that Japan could face stagflation if Iran were to block the Strait of Hormuz for an extended period.

The impact could also extend to the broader, real economy. Akuta Tomomichi, senior economist at Mitsubishi UFJ Research and Consulting, told NHK that every $10 increase in global oil prices would raise Japan's crude import costs by roughly 1.3 trillion yen, potentially affecting industries including agriculture, fisheries and food production.

Kiuchi added that gasoline prices in Japan are likely to rise in the coming weeks. If crude oil and liquefied natural gas prices remain high, electricity and gas bills could also rise after the summer.

Govt response criticized

The Japanese government's response to the US-Israel strikes has also drawn criticism.

According to the Mainichi Shimbun, at a parliamentary committee meeting on Monday, Prime Minister Sanae Takaichi urged Iran to seek a "diplomatic solution" and called on Tehran to refrain from actions that could "destabilize the region", including developing nuclear weapons, which she said is "absolutely unacceptable", and attacking neighboring countries.

At the same time, Takaichi said her government would refrain from offering a "definitive legal assessment" of the bombardment launched by the US, Japan's close security ally, and Israel, as Tokyo does not have "detailed information".

Ukeru Magosaki, director of the East Asian Community Institute in Tokyo and former Japanese ambassador to Iran, told China Daily that US-Israel strikes violated international law and lacked justification.

"The US launched the strike under the pretext of Iran's nuclear development, but the legal grounds for such action are questionable," he said.

Since the attacks, protests have taken place across several parts of Japan, including Tokyo and Okinawa.

On Tuesday, about 500 people gathered in the rain near Shinjuku Station in Tokyo for a demonstration organized by civic groups and opposition parties, calling on the United States and Israel to immediately halt their attacks on Iran.

Tomoko Tamura, chair of the Japanese Communist Party, said the "preemptive strikes" by the US and Israel violated the United Nations Charter and international law, adding that international pressure to stop the attacks could become "a force to immediately halt the war".

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
肥西县| 高阳县| 修水县| 轮台县| 聂拉木县| 乌恰县| 扶沟县| 闽清县| 千阳县| 碌曲县| 太仓市| 辰溪县| 耿马| 宁河县| 和田市| 福海县| 三原县| 菏泽市| 如东县| 健康| 宁津县| 白城市| 黑河市| 郴州市| 亳州市| 洛宁县| 务川| 乌什县| 朝阳市| 孟州市| 西畴县| 合阳县| 民勤县| 太和县| 隆回县| 三明市| 宿州市| 普定县| 星子县| 惠来县| 石棉县|