Global Energy Agenda
May 19, 2026 • 2:00 pm ET
Tatsuya Terazawa
Tatsuya Terazawa is the chairman and CEO of the Institute of Energy Economics, Japan. This essay is part of the 2026 Global Energy Agenda.
The crisis triggered by the USｰIsraeli attack on Iran on February 28 has impacted the world in a serious manner. Japan is certainly not insulated from the crisis, especially in terms of the rising cost of energy. But despite its heavy dependence on imported energy, Japan has managed the crisis relatively well compared with most of its Asian neighbors.
