Japan’s May crude oil imports are expected to rebound to around 1.7 million barrels a day, roughly three-quarters of the level a year earlier, as refiners step up alternative procurement while the Strait of Hormuz remains largely closed.
Japan’s May crude oil imports are expected to rebound to around 1.7 million barrels a day, roughly three-quarters of the level a year earlier, as refiners step up alternative procurement while the Strait of Hormuz remains largely closed.