Japan says G-7 will closely communicate on Middle East situation; Takashi Sano seeks to speak with U.S. and Iranian presidents

MaticHoleFiller · 2026-04-10T04:20:03+00:00

Japanese Finance Minister Shōzō Katayama stated that he will continue to cooperate with the Group of Seven to address the Middle East situation and its impact on the global economy and financial markets. Japanese Prime Minister Sanae Takaichi called for phone talks with U.S. and Iranian leaders to ease regional tensions and ensure the safe passage through the Strait of Hormuz.

MaticHoleFiller

2026-04-10 04:20:03

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Topic: Market Waiting for Bottoming Out — Focus on Energy, Growth, and Policy Strategies

Japanese Finance Minister Shōgetsu Katayama stated that Japan will continue to work closely with G7 partners regarding the Middle East situation.

When asked by reporters in Tokyo about the rising government bond yields, Katayama said he would not comment on specific market levels.

Katayama said that at the G7 finance ministers and energy ministers meeting held last week, participants reached a consensus on the Middle East situation and sharp fluctuations in oil prices.

Participants unanimously agreed that market volatility is extremely high, and its impact has spread from the energy market to the global economy, as well as financial and currency markets.

Japanese Prime Minister Sanae Takaichi stated that she hopes to hold phone talks with the U.S. President and the Iranian President to ease tensions in the Middle East.

Sanae Takaichi strongly urged Iran to allow ships to pass safely through the Strait of Hormuz.

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Editor: Liu Mingliang

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