Japan Considers Rerouting Caspian Oil Amid Strait of Hormuz Concerns

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Japan is exploring the possibility of rerouting oil from Kazakhstan and Azerbaijan to its domestic market amid growing concerns about supply stability due to the de facto blockade of the Strait of Hormuz. More than 90% of Japan’s oil imports come from the Middle East, so the country is seeking to diversify its… The post Japan Considers Rerouting Caspian Oil Amid Strait of Hormuz Concerns appeared fir...

By Fatima Kemelova