Institution: Middle East conflict may pose greater challenges for Japan

金十2026/03/06 05:20

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Golden Ten Data, March 6 – Nicholas Gwee, Portfolio Strategist at RBC Wealth Management, stated that given the Middle East conflict, Japan faces greater challenges than other countries in the region because it is a net oil importer. He pointed out: “(Japan) imports more than 90% of its crude oil from the Middle East, with over 60% transported through the Strait of Hormuz. Japan also relies on the Middle East for supplies of liquefied natural gas and naphtha.” Gwee said that if the conflict continues, the industries most affected would include banking and financial services, aviation and transportation, shipping, energy-intensive manufacturing, refining and petrochemicals, as well as electronics and export-oriented industries. He added: “If the conflict drags on and restricts energy supplies, the Japanese stock market will continue to be under pressure.”

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Incordex appointed Chen Wang to its board effective Sept. 29, 2026. Wang founded his own brand. He has served as founder and board chairman of Yunnan Jinshengchang Technology and Trade since Oct. 2024. He previously led global pharmaceutical education operations at Meixin E-commerce. He later ran education operations at Zhuyuan Grop. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Incordex Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001477932-26-006080), on October 07, 2026, and is solely responsible for the information contained therein.

Bitget•2026/10/07 16:03