Financial Ports

Japan to bankroll oil’s detour as Hormuz risks soar

CLAVE 1 / 4Japan sourced 94% of its crude oil from the Middle East last year, with 93% transiting the Strait of Hormuz.

CLAVE 2 / 4Tokyo’s cabinet approved three bills to subsidise alternative oil routes, tanker insurance, and overseas pipeline financing.

CLAVE 3 / 4Tanker voyages from the US Gulf Coast to Japan via the Cape of Good Hope take 45-60 days, double the Middle East route.

CLAVE 4 / 4JPMorgan models a "forever conflict" scenario with Brent at $87 a barrel in 2027.

Lee la noticia completa con todos los detalles

Leer el artículo