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30.05.26 - 01:27
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Japan Crude Imports Fall 66% To Record Low (ZeroHedge)
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Japan Crude Imports Fall 66% To Record Low
By Tsvetana Paraskova of OilPrice.com
Amid the supply disruption in the Middle East, Japan's crude oil imports crashed by 66% in April from the same month last year, dropping to an all time low, official Japanese data showed on Friday.
Japan imported 4.07 million kilolitres, or about 850,000 barrels per day (bpd), of crude oil last month, down by 65.7% from the April 2025 levels, the monthly petroleum statistics of the Ministry of Economy, Trade and Industry (METI) showed.
Crude imports from the Middle East region, which delivered more than 90% of Japan's total crude imports before the war, plunged by 68% in April from a year earlier.
Japan's imports from Saudi Arabia crashed by nearly 58%, and supply from the United Arab Emirate (UAE) to Japan plunged by 69.4%, the Japanese government data showed. Of the total severely reduced crude supply, the Middle East continued to account for more than 90% of Japanese crude imports, at 93.7% in April.
Japan ...
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Wirtschaft/ Politik Japan 67576 -0.94% (Nikkei Kurs)
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