Japan's Oil Crisis Eases, But the Import Bill Keeps Climbing | HappeningNow.news

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Japan's Oil Crisis Eases, But the Import Bill Keeps Climbing

The oil crisis in Japan has eased in recent weeks as the resource-poor G7 economy that depended on the Middle East for 90% of its crude o…

Source OilPrice Story Brief Updated 1h 42m ago
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The oil crisis in Japan has eased in recent weeks as the resource-poor G7 economy that depended on the Middle East for 90% of its crude oil supply has managed to diversify purchases and moved to release stocks from strategic reserves.

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