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Lese-Ansicht

Japan Set to Secure More Oil Imports in May After April Slump

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.

An oil tanker docked at an oil refinery in Yokohama, Japan. Photographer: Soichiro Koriyama/Bloomberg
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