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flag Japan's PM says no immediate need for extra budget due to Middle East conflict.

flag Japanese Prime Minister Sanae Takaichi stated on Monday that there is no immediate need for a supplementary budget to address the economic impact of the ongoing Middle East conflict. flag She emphasized avoiding measures that could slow economic activity, despite concerns over potential shortages of crude oil and the de facto closure of the Strait of Hormuz. flag Japan continues to manage fuel costs through existing subsidies and has not implemented fuel conservation measures, reflecting the government's priority of supporting a fragile economic recovery.

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