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The escalation of the Iran-U.S. conflict could affect each and every one of us.
The Strait of Hormuz is already facing a large-scale shutdown risk. If the blockade continues, oil, electricity, and natural gas prices will all rise significantly.
Over 20% of the world's maritime oil shipments pass through here, mainly to China, India, Japan, and South Korea.
Especially Japan, which relies on over 90% of its crude oil supply from the Middle East, most of which passes through the Strait of Hormuz.
Since the conflict began, international crude oil prices have already increased by over 10%, with Brent crude approaching $82 per barrel at one point.