Japan turns to Canadian crude as Asia feels Hormuz supply pinch
AI Summary
Due to concerns over crude oil supplies through the Strait of Hormuz, Japan is increasingly sourcing Canadian crude oil. This shift reflects growing supply uncertainty affecting Asian energy markets.
Uncertainty over crude oil supplies via the Strait of Hormuz is pushing Asian states towards Canada's TMX crude oil.
World Commodities Energy Japan Canadian crude Strait of Hormuz oil supply Asian energy markets crude oil