• Japan's crude oil imports in structural decline, dependence on Middle East grows

    Source: Buzz FX / 02 May 2025 09:27:29   America/New_York


    Japan’s crude imports are in structural decline. The country is increasingly dependent on Saudi Arabia and the UAE, according to Vortexa.
    The decrease in Japan’s crude imports from 2022 to 2024 can be attributed to falling domestic demand f
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