Japanese PM Takaichi says in parliament says in Parliament, want to take next step in talks with Iran and is strongly urging Iran to allow Hormuz safe passage, while she is seeking phone talks with the presidents of US and Iran

Japanese PM Takaichi's statements indicate a proactive stance towards ensuring safe maritime passage in the Strait of Hormuz, a crucial channel for global oil supplies. This could tighten geopolitical tensions in the region, impacting oil prices and currency flows, particularly the JPY, USD, and EUR as traders react to evolving risks. If her efforts lead to more stability, it may lend support to risk assets, but any escalation could trigger safe-haven flows to currencies like the USD and gold.