Japan's three major shipping giants take emergency precautions, operations in the Persian Gulf come to a complete halt

⑴ As the military conflict in Iran escalates, Japan's three major shipping companies have suspended operations in the Persian Gulf. A spokesperson for Nippon Yusen stated that its vessels have temporarily stopped passing through the Strait of Hormuz. Kawasaki Kisen has instructed its ships in the Persian Gulf to remain on standby. Mitsui O.S.K. Lines has ordered its vessels to wait in safe waters. ⑵ Approximately 90% of Japan's crude oil imports rely on the Middle East, and the Strait of Hormuz is a critical chokepoint for the country's energy lifeline. The suspension of shipping operations will directly impact Japan's energy supply security, further intensifying market concerns over a surge in oil prices.