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Japan's Trade Deficit Hits Record $17.8 Billion as Iran War Drives Oil Prices

Japan posted a record 2.81 trillion yen trade deficit for the April-September fiscal half as the war in Iran pushed oil import costs higher, with exports and imports both reaching record highs.

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Japan posted a record 2.81 trillion yen trade deficit for the April-September fiscal half as the war in Iran pushed oil import costs higher, with exports and imports both reaching record highs.

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