Japan could redraw the global oil map

🇯🇵 The Sydney Morning Herald (JP) —
Japan could redraw the global oil map

AI Summary

Japan, which imports nearly all its fuel, is reassessing its energy supply sources after major shocks and may reduce its reliance on the Middle East. Its decisions could influence global oil sourcing trends.

Importing almost all of its fuel, Japan springs into action after every major energy shock to reassess its supply sources, making it a bellwether of global trends. Its direction this time? Run away from the Middle East.

World Politics Markets Commodities Energy Shipping Japan oil energy security fuel imports Middle East supply diversification global energy

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