peruvian_bull on Nostr: This is how important the relationship is between the Yen and Oil- since the outbreak ...
This is how important the relationship is between the Yen and Oil- since the outbreak of the war, USDJPY and the price of WTI Crude Futures has been moving essentially in lockstep.
Japan imports 97% of its crude oil, and has virtually no energy independence since Fukushima incident in 2011. After that reactor leaked radioactive waste, all nuclear reactors across the country were shut down as a safety measure.
In order to understand Japan and global capital- you need to grasp energy as well.
Published at
2026-03-18 23:48:25 UTCEvent JSON
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