Japan Should Keep Focus on Cheap Mideast Oil, Local Refiner Says
Taiyo Oil says Japan should continue to rely on the Middle East for the bulk of its crude because that is cost-effective, pushing back against a government drive to diversify triggered by the US-Iran war.
Why it matters: The item speaks directly to the briefing's energy-security theme, since a refiner's cost argument complicates a government push to diversify supply away from a conflict-affected region.