Takaichi Says 100% of Japan’s Oil Supply to Avoid Hormuz in July

Japan’s crude oil imports in July are expected to be fully sourced from areas that don’t require transit through the Strait of Hormuz, Prime Minister Sanae Takaichi said Thursday, as she seeks to diversify the resource-poor nation’s energy supply ahead… Japan’s crude oil imports in July are expected to be fully sourced from areas that don’t require transit through the Strait of Hormuz, Prime Minister Sanae Takaichi said Thursday, as she seeks to diversify the resource-poor nation’s energy supply ahead of the hot summer months.