Japan should keep focus on cheap Mideast oil, local refiner says

🇯🇵 The Japan Times (JP) —

AI Summary

Taiyo Oil's CEO argues that Japan should continue prioritizing inexpensive Middle Eastern crude, opposing a government push to diversify oil supplies. The diversification effort was triggered by the U.S.-Iran war.

The comments from Taiyo Oil's CEO push back against a government drive to diversify crude sourcing triggered by the U.S.-Iran war.

Conflict Politics Commodities Energy Japan Taiyo Oil Middle Eastern crude oil supply energy security U.S.-Iran war crude sourcing

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