Gasoline reaches 4-year high and Japan acts on JPY, Chris Martenson notes

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Iryna Sazhynska

03.05.2026

Gasoline reaches 4-year high and Japan acts on JPY, Chris Martenson notes — Japan intervenes as gasoline hits high

Chris Martenson, industry influencer, reports that miners have suffered steep losses while Japan has intervened significantly in the JPY currency market. Gasoline has reached a 4-year high, and Martenson connects these developments to broader concerns about the link between energy prices and potential recession risks in the latest Market Update.

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Martenson previously noted that the U.S. continues as a net crude oil importer, raising questions about government awareness of stockpiled oil. In other market news, Google plans up to $40 billion in investments for Anthropic. The EU also recently unlocked €90 billion in support for Ukraine.

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