Elevated Oil Prices Push Japan’s Imports to an All-Time High | HappeningNow.news

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Elevated Oil Prices Push Japan’s Imports to an All-Time High

Japan’s import bill reached an all-time high in July, driven by higher oil prices, to a total of $76.39 billion. This was up by 27.8% from July 2025, Reuters reported, citing import and export data.

Source AI Summary Published August 20, 2026 Brief Under 1 min brief
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Japan’s oil import bill hit an all‑time high in July 2026, totaling $76.39 billion. The figure represents a 27.8 % increase over July 2025, according to Reuters‑cited import and export data. The rise is attributed to higher global oil prices.

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