{"id":428160,"date":"2026-03-09T12:40:24","date_gmt":"2026-03-09T05:40:24","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/03\/japan-prime-minister-takaichi-hard-to-say-how-middle-east-conflict-could-affect-economy\/"},"modified":"2026-03-09T12:40:24","modified_gmt":"2026-03-09T05:40:24","slug":"japan-prime-minister-takaichi-hard-to-say-how-middle-east-conflict-could-affect-economy","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/03\/japan-prime-minister-takaichi-hard-to-say-how-middle-east-conflict-could-affect-economy\/","title":{"rendered":"Japan prime minister Takaichi: Hard to say how Middle East conflict could affect economy"},"content":{"rendered":"<div>\n<ul>\n<li class=\"text-align-justify\">Hard to say how the conflict in the Middle East could affect Japan&#8217;s economy<\/li>\n<li class=\"text-align-justify\">Many citizens are worried about rising gasoline prices<\/li>\n<li class=\"text-align-justify\">The government is scrutinising to see what steps it can take<\/li>\n<li class=\"text-align-justify\">Any steps taken to mitigate the impact won&#8217;t likely involve changes to the fiscal year 2026 budget<\/li>\n<\/ul>\n<p class=\"text-align-justify\">In just a week, Japan has had to pay ~70% more dollars to secure the same amount of oil it needs to run the economy. And that really stings for a country that is ever so heavily reliant on energy imports.<\/p>\n<p class=\"text-align-justify\">Amid the surge in oil prices, Japan is one of the biggest losers tied to the conflict. The country risks running a further deficit and to think about subsidies to help, that will increase debt pressures even more. And that comes at a poor time amid heavy scrutinise on Tokyo&#8217;s finances under Takaichi&#8217;s premiership to begin with.<\/p>\n<p class=\"text-align-justify\">Adding to that is also the disruption looks to throw a wrench in the BOJ&#8217;s plans to raise interest rates further. While inflation pressures might go up, it isn&#8217;t the kind that the central bank really wants right now. Policymakers are trying to steer clear from cost-push inflation and that is precisely what higher oil prices will bring next.<\/p>\n<p>                            This article was written by Justin Low at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Hard to say how the conflict in the Middle East could affect Japan&#8217;s economy Many citizens are worried about rising gasoline prices The government is scrutinising to see what steps it can&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-428160","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/428160","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=428160"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/428160\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=428160"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=428160"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=428160"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}