Japan, which normally gets around 90% of its oil from the Middle East, has begun drawing on its oil reserves to cushion the economic blow

TOKYO (Reuters): Japan and France agreed on Wednesday to coordinate closely in pushing for an end to the U.S.-Israeli war with Iran and the reopening of the Strait of Hormuz to oil and gas tankers, Prime Minister Sanae Takaichi said.
“Because the international situation is so challenging, I believe there is great significance in the leaders of Japan and France deepening their personal ties and making our cooperation even stronger,” Takaichi said after talks with French President Emmanuel Macron in Tokyo on security ties and industrial cooperation.
With the Middle East conflict now in its fifth week, Japan, France and other countries are grappling with rising energy costs. Unless the conduit for about a fifth of the world’s oil and liquefied natural gas flows reopens, they could face shortages of petroleum products.
Japan, which normally gets around 90% of its oil from the Middle East, has begun drawing on its oil reserves to cushion the economic blow.
Speaking alongside Takaichi, Macron said he shared her position on the need to restore freedom of navigation in the strait.
France has held talks with dozens of countries as it seeks proposals for a mission to reopen the waterway once the conflict ends. Japan has said it could consider dispatching minesweepers, though the scope of any role would be constrained by its pacifist constitution.
The two leaders also said they would pursue closer security ties in the Indo-Pacific and signed agreements on cooperation in critical mineral supply chains, civilian nuclear technology and artificial intelligence.
Indigenous ‘Taimoor’ Air-Launched Cruise Missile successfully test-fired: Pakistan Navy
- 13 hours ago
Trump’s $1.5 trillion defense budget includes $750 billion for ships, jets and Golden Dome
- 10 hours ago

The ‘AI is inevitable’ trap
- 32 minutes ago

7,900 people died, disappeared on migration routes in 2025: UN
- 12 hours ago
Trump says he does not want to extend ceasefire with Iran
- 11 hours ago

Nothing’s modular CMF Headphone Pro are down to their lowest price to date
- 31 minutes ago
Pakistan says formal response from Iran regarding participation in 2nd round of talks ‘still awaited’
- 9 hours ago

Central Bank receives $1bn from Saudi Finance Ministry
- 14 hours ago

Gold prices continue to plunge in Pakistan, global markets
- 15 hours ago

Anthropic’s new cybersecurity model could get it back in the government’s good graces
- 32 minutes ago

Medic gunned down near Karachi’s Mehran Hotel
- 15 hours ago
Lahore Qalandars thrash Quetta Gladiators by nine runs in thrilling PSL clash
- 10 hours ago





