Anxious Australia and jittery Japan deepen ‘quasi-alliance’ for an uneasy age
Japan's Prime Minister Sanae Takaichi visited Australia, resulting in a strengthened "quasi-alliance" between the two nations. During her three-day trip, Takaichi and Australian Prime Minister Anthony Albanese signed an economic security pact and secured nearly US$1 billion in funding for critical minerals.
The story so far
- May 2
- May 4
- May 6
How outlets cover it
3 outletsNot rated on the left–right scale. It describes Western party politics and doesn’t fit state media or outlets outside that system, so we show ownership and country instead.
Open questions and key claims
Japan's prime minister warns the global oil supply squeeze from shipping disruptions in the Strait of Hormuz is having an 'enormous impact' across the Asia Pacific.
Roughly one-fifth of the world’s oil and liquefied natural gas supplies normally pass through the Strait of Hormuz.
Eighty percent of the oil normally passing through the Strait of Hormuz is destined for Asia.
Australia and Japan are taking action to protect our economies from future economic shocks and uncertainty.
The effective closure of the Strait of Hormuz has been inflicting enormous impact on the Indo-Pacific.
China was funding the largest state sponsor of terrorism through its purchases of Iranian oil.
Gas exporters have framed the prospect of a 25% export levy as a risk that could undermine Australia’s standing as a reliable seller.
Australia supplies Japan with roughly 40% of its LNG.
Who and where
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