West Texas Intermediate & Sanae Takaichi

West Texas Intermediate: West Texas Intermediate (WTI) crude prices have risen, mirroring the global trend in oil prices due to the Iran war.

Sanae Takaichi: Sanae Takaichi, Japan's Prime Minister, engaged in discussions with Iranian President Masoud Pezeshkian to facilitate oil transit through the Strait of Hormuz.

West Texas Intermediate: West Texas Intermediate crude oil futures fell, which could offer some relief to Japan's import costs, but the overall impact on the Japan — Japanese yen's weakness is limited.

Sanae Takaichi: Prime Minister Sanae Takaichi's government faces potential undermining of popularity due to rising import costs and inflation caused by the weak Japan — Japanese yen. She also unveiled a large investment plan with unclear funding sources.