Japan’s oil supply is facing what experts describe as the largest crisis in its history, as global competition for energy intensifies following the attack on Iran, triggering widespread disruptions across logistics networks and medical services. (News On Japan)
Prime Minister Takaichi announced on March 27th that Japan will increase the operating rate of coal-fired power plants in preparation for a prolonged de facto closure of the Strait of Hormuz, aiming to reduce reliance on liquefied natural gas. (News On Japan)
China’s Foreign Ministry said on March 26 via social media that public safety conditions in Japan are unstable, claiming that crimes targeting Chinese nationals have been occurring frequently, as tensions rise following an incident involving a member of Japan’s Ground Self-Defense Force. (News On Japan)
Fuel prices have surged to levels that could begin to impact transportation infrastructure, as industry groups warn of worsening supply constraints and mounting financial pressure. (News On Japan)
The yen weakened sharply, briefly falling past 160 to the dollar, as concerns grew that instability in the Middle East would persist and weigh on global markets. (News On Japan)
Electricity and gas bills across Japan are set to rise in April, as government subsidies introduced to ease the impact of rising prices come to an end. (News On Japan)
A series of new attractions are set to open across Tokyo on March 28th, including a world-class fountain show in Odaiba and a large-scale commercial complex offering gourmet experiences in central Tokyo, as the city rolls out new destinations aimed at drawing springtime visitors. (News On Japan)
Cherry blossoms across Japan are reaching their peak, drawing crowds to scenic spots nationwide as Tokyo’s blooms approach full bloom. (News On Japan)
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