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Japan economic crisis illustration showing oil supply disruption, rising inflation, Bank of Japan building, oil tankers, refinery fire, and financial market volatility linked to the Iran conflict and Strait of Hormuz tensions.

Japan Wholesale Inflation Hits 3-Year High as Iran Oil Shock Tests BOJ's Next Move

Noah Sterling

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Japan Wholesale Inflation Hits 3-Year High as Iran Oil Shock Tests BOJ's Next Move

May 15, 2026

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Japan Wholesale InflationIran Oil ShockStrait of Hormuz DisruptionJapan Stagflation Risk