Oil reserves are the trump card, but the economy might have already collapsed before the trump card is played.

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CryptoWorld News reports that economist Takeshi Minami from the Central Agricultural and Forestry Central Bank Research Institute stated that if the Middle East conflict continues, even if Japan's oil supply can be guaranteed until early 2027, the Japanese economy will still find it difficult to avoid a downturn. He pointed out that this conflict could trigger adverse effects through multiple channels, including economic contraction in emerging market economies and a sharp rise in inflation pressures. Japan has ample oil reserves and is also working to secure oil imports through routes that bypass the Strait of Hormuz.
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