Japan secures crude supply through Nov; Dec uncertain – PAJ chair: report

AI Summary

Japan has secured crude oil supplies through November, but supply conditions in December remain uncertain amid escalating Middle East tensions, according to Shunichi Kito, chairman of the Petroleum Association of Japan. The situation underscores ongoing energy market vulnerabilities.

Japan has secured sufficient crude oil supplies for its domestic market through November, but the supply situation from December remains uncertain amid escalating tensions in the Middle East, the chairman of the Petroleum Association of Japan (PAJ) said. Arrangements for crude supplies through November were in place, said Shunichi Kito, who is also the chairman ...