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Iran war inflation is hitting Japan faster than previous oil shocks
EEconomy

Iran war inflation is hitting Japan faster than previous oil shocks

  • May 14, 2026

Commodities

Supply chain disruption looms over everything from tofu to autos

20260513N Japan supermarket

A Tokyo area supermarket. Japanese consumers are bracing for faster inflation. (Photo by Nanami Sato)

TOKYO — The effects of higher crude oil and petrochemical prices are flowing downstream faster than ever in Japan, squeezing consumers when they buy a wide range of daily needs.

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