Takaichi Brings Three Energy Security Proposals to the G7
- Japan's PM will propose oil reserve support and opposition to export curbs at the G7
- Hormuz shipping security is the core concern
- Japan is the G7 member most exposed to the strait
Prime Minister Takaichi will put Japan's greatest vulnerability on the G7 table: three energy-security proposals covering opposition to unjust export restrictions, support for strengthening oil reserves, and securing shipping through Hormuz. The numbers behind it are stark — over 90% of Japan's crude comes from the Middle East, virtually all through one strait where tankers are now being attacked and war-risk premiums are spiking. Unlike the US with domestic production or Europe with pipelines, Japan is asking allies to help guard its lifeline. Expect follow-through in LNG long-term contracts, reserve infrastructure and alternative energy investment — all policy-driven themes. Taiwan, with an almost identical import-dependent structure, should copy whatever mechanisms Japan secures. The test: whether the communique creates concrete maritime-security machinery or stops at rhetoric.