Japan are relying on the strait being open for about 99% of their oil. A lot of these economies are going to suffer if this keeps going
92
Gomnanas5 days ago
+59
South Korea, too. In fact, most of Asia. And guess what, if half the world's economies suffers, the rest of the worlds does too. F****** Trump.
59
deafeningb85 days ago
-34
and some Jap cargo vessels have also been halted at Hormuz. This hits their entire supply chain, not just fuel. Same for most countries too
-34
jeaxz745 days ago
+23
FYI Jap is a derogatory term .
23
mad-data5 days ago
+14
Interestingly, the article does not name this mysterious "Iranian leader". Who is it? Their president does not control anything. Their ayatollah is hiding and not clear if alive. Whom the Japan is talking to?
14
Zynntra5 days ago
+20
John Iran
20
Roundcat894 days ago
+1
Halal cousin of John Pork.
1
leisurechef5 days ago
+29
I hope they have a good supply of Yuan
29
unworldlyjoker75 days ago
-8
That would be even more insulting for the japanese
Lol i bet they are like "can you accept gold please? For the love of god... i mean shinto, please don't make us use yuan... we hate those damn chinese"
-8
Nerevarine915 days ago
+22
Japan has the second largest foreign currency reserves in the world, which include a large amount of yuan
22
Most-Pomegranate-5615 days ago
+20
Shhh you're ruining their little listnook fantasy
20
MyBurnerAccount34 days ago
+7
You look so f****** stupid.
7
leisurechef5 days ago
+3
Now you can see why the gold price is where it is
3
unworldlyjoker75 days ago
+1
Yeah but it dropped considerably lately
Which is strange when the market is so unstable that most would go to something stable like gold
Could be market manipulation again to drive the price of gold down,
1
leisurechef5 days ago
+1
Global Central Banks & GCC have been buying gold leading up to the Israel-US War with Iran.
After the war the GCC have been dumping gold to pay the bills because they have no oil revenues now.
On top of this, higher global costs of living are forcing global sovereignties to sell US Treasuries to pay the bills.
We are looking at the end of Pax Americana in real time.
1
CupEcstatic27215 days ago
-9
Japan's financing of Iran's military needs will probably not please Trump very much
-9
leisurechef5 days ago
+35
I think the whole world is getting pretty tired of pleasing Trump
Edit: added the “world”
35
CupEcstatic27215 days ago
-6
That’s true but the longer Iran holds out the longer most countries will keep suffering from these financial losses
-6
Prov0st5 days ago
+7
Everything was okay till US decided to attack Iran.
7
leisurechef5 days ago
+6
Exactly, from a WAR that Israel convinced the US to artificially create against Iran.
Mostly because they all thought it would be a cake walk like Venezuela.
Remember, the Strait of Hormuz was open before they started.
6
Jai_74 days ago
+1
Why would Iran do that when there's a big US military build up around Iran? This is their strategy of assymetric warfare..
1
dowdymeatballs4 days ago
I've also read that Iran is taking payments in crypto as well.
0
rickymist15 days ago
+8
lets see what Cart Titan can do
8
Historical-Mix88654 days ago
+1
Shinzō wo sasageyo!!
1
Hikiko_Mori5 days ago
+16
Finally. This should have happened days or weeks ago if it wasn't for Takaichi being "carefully considerate" to Trump's feelings. Why the hell should his feelings even matter when he wasn't even considerate towards his allies.
16
Prov0st5 days ago
+5
She was too busy dancing.
5
Pure_Growth45285 days ago
+7
It time for news bombing, someone wanna profit from the markets
7
Far-East-locker5 days ago
+6
Everyone knows who’s controlling the straits. who is everyone’s daddy now?
6
Independent-Wolf-8325 days ago
+2
pride goes before destruction
2
evatornado5 days ago
They started the war without many countries approval, and fail to finish it. It's natural individual countries will seek to manage their own situation first. The US government probably should start actually thinking about consequences
0
Ok_Career_36815 days ago
-2
Did Japan reject Iran’s call to make a deal with them? This is going to be one awkward negotiation.
-2
Glittering-Age-95495 days ago
-5
Careful! The Japanese envoy may become collateral damage when US and Israel bomb the meeting...
32 Comments