Surging Oil Prices Push Japan’s Import Bill to an Unprecedented High | HappeningNow.news

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Surging Oil Prices Push Japan’s Import Bill to an Unprecedented High

Surging oil prices have led to a significant increase in Japan’s import bill, hitting an all-time high last month of $89.46 billion, Reut…

Source OilPrice AI Summary Updated 2h 06m ago
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Surging oil prices have led to a significant increase in Japan’s import bill, hitting an all-time high last month of $89.46 billion, Reuters has reported, citing government data. The June total was 25.4% higher than a year earlier, as international oil prices rose by over 50% in the 12 months since last July, according to Bloomberg data, as cited by Saxo Ba…

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