Strait of Hormuz
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‘Remain calm’: Japan is gripped by fears of a naphtha shortage. What is it and why are people worried?
Few had heard of the crude oil-derived chemical until recently, but shortages caused by the blockade of the st…
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Iran war oil shortage forces Japan snack giant to use black-and-white packaging
Calbee to switch its brightly coloured packaging to black and white because war has disrupted supply of certai…
- Strait of Hormuz, US-Israel war on Iran, Toyota, Japan, Automotive industry, Business, World news, Asia Pacific, Manufacturing sector
Iran war costs Toyota £3bn as prices of materials soar and sales fall
Carmaker gives one of biggest warnings yet of conflict’s impact on businesses while Trump tariffs also take to…
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Japan confirms release of more oil reserves as concern over energy crisis grows
It will be the second time Japan, which is heavily dependent on Middle East oil, has dipped into its strategic…
- Strait of Hormuz, US-Israel war on Iran, Japan, Europe, Australia news, Nato, Business, US news, World news, Commodities, France, South Korea, Oil, Trump administration
Trump steps up pressure on European allies to help protect strait of Hormuz
US president says it is ‘only appropriate’ for Europe to help, and warns failure to do so would be ‘very bad’ …
- Strait of Hormuz, US-Israel war on Iran, Ed Miliband, Japan, Oil and gas companies, World news, China, UK news, South Korea, Middle East and North Africa, Iran, Trump administration, Donald Trump, Emmanuel Macron
Trump’s call for allied deployment to strait of Hormuz meets muted response
UK and Japan among countries that are considering options but yet to commit warships to blockaded shipping rou…