Macro Finance
Japan Should Keep Focus on Cheap Mideast Oil, Local Refiner Says
Bloomberg Markets·October 4, 2026·1 min read
Japan should keep relying on the Middle East for most of its crude because it is cost-effective, according to Taiyo Oil Co. The refiner pushed back against a government drive to diversify supply sources triggered by the US-Iran war, arguing that current arrangements remain economically advantageous for the country.
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