Japan should operate all of its nuclear power plants available to offset the impact of the Iran war on electricity bills, Yuichiro Tamaki, the leader of a Japanese opposition party, said on Monday.
Japan relies on the Middle East for around 95% of its oil supplies and 11% of its liquefied natural gas imports with around 70% and 6% respectively coming via the Strait of Hormuz, which is effectively closed due to the war.
“Unless we make full use of nuclear power as a carbon-free power source with less dependence on overseas sources, electricity bills will inevitably rise,” Tamaki, who heads the Democratic Party for the People, said in a statement on X.
Oil prices surged about 20% on Monday, hitting their highest since July 2022, as the expanding U.S.-Israeli war with Iran fuelled fears of tighter supply.
Japan should use nuclear plants to offset Iran crisis, opposition party says
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