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 dive...

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@akshatrathi.bsky.social 12 likes 2 reposts 1 comments June 12, 2026 (4 days ago)

This is an impressive achievement. Japan consumes more than 3 million barrels a day. Before the Iran War, 90% of that oil came via Strait of Hormuz. www.bloomberg.com/news/article...