Japanese Firms Begin Output Cuts as Hormuz Tensions Deepen

2026-03-18 - 18:00

The situation surrounding the Strait of Hormuz, a critical chokepoint for global energy transport, is growing increasingly complex, with U.S. President Donald Trump urging Japan to assist in securing the waterway while Iran signals it may allow passage depending on negotiations, and as prospects for a swift resolution fade, Japanese industries including automobiles, ethylene, and polyvinyl chloride resin have begun scaling back production. (News On Japan)