March 23: Japan Constitution Article 9 Limits Hormuz Role as G7 Presses Iran

March 23: Japan Constitution Article 9 Limits Hormuz Role as G7 Presses Iran

On March 23, Japan Constitution Article 9 moved to the center of geopolitics. Prime Minister Takaichi told President Trump that Tokyo cannot send combat ships to the Strait of Hormuz. At the same time, G7 condemns Iran while the IRGC claims a safe corridor. For Japan’s market, the mix matters. Oil and shipping risk premia, the odds of de-escalation, and a likely Japan SDF minesweeping role shape costs, timelines, and the outlook for refiners, shippers, and importers.

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