How Japan Can Use the Oil Market to Support the Yen
✨ AI Summary
🔊 جاري الاستماع
Japan’s heavy reliance on imported oil means swings in crude prices feed quickly into its currency and trade balance. The government has hinted that it might step into the oil market in an indirect bid to support the weakening yen, as the war in the Middle East drives up energy costs and threatens the global economy.
