Japan turns to Canadian crude as Asia feels Hormuz supply pinch
business
Uncertainty over crude oil supplies through the Strait of Hormuz is prompting Asian nations, including Japan, to turn toward Canadian crude. Per Al Jazeera English, the region is increasingly relying on Canada's TMX crude oil as it seeks to diversify energy sources amid the regional supply pinch.
Source: https://www.aljazeera.com/news/2026/7/30/japan-turns-to-c...
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