Still open: waiting on events (~Nov-Dec 2026 (if closed from March 2026)).
P075
Japan's economy would collapse in 8-9 months if Strait of Hormuz stays closed
What Jiang said
“Prime Minister Takiichi of Japan has said that listen if the circle closes we run out of oil in about 8 n months. The entire Japanese economy would collapse in 8 9 months. If the circle moves were to close and guess what the Iranians have closed the circle moves okay so we can expect that the entire global economy will suffer greatly over the next few months.”
Analysis
Japan depends on 75% of oil from this route. Japan's PM stated they run out of oil in 8-9 months. Strait closed as of March 2026.
Status history
- 2026-05-22 · Imported into the tracker as Pending (bulk import — the status it already had, not the date it was decided)