Topic

crude oil imports

2 articles

Japan to Keep July Crude Oil Imports at Last Year’s Level Despite Hormuz Tensions

Japan plans to keep crude oil imports in July at last year's levels, sources said Thursday, by boosting purchases from non-Middle East suppliers like the US as the Strait of Hormuz faces near-blockade due to geopolitical tensions.

Jun 11, 2026

Economy

Japan’s Imports of Crude Oil from Middle East Hit Record Low in April

Japan’s crude oil imports from the Middle East fell by 67.2% in April 2026 compared to a year earlier, reaching the lowest level since records began in 1979. This record decline signals a major shift in Japan’s energy sourcing strategy, which has been heavily dependent on the region for decades.

May 21, 2026