EnergyEnergy company keeps region in plans to invest $1.9bn in resource developmentCosmo Energy Holdings still sees the Middle East as an important source of oil despite the supply risks that have emerged. (Nikkei montage/Source photos by Kyodo and Nikkei)SHOYA OKINAGAJune 19, 2026 02:02 JSTTOKYO -- Japanese energy company Cosmo Energy Holdings will continue investing in oil production in the Middle East, anticipating a reopening of the Strait of Hormuz, as it prepares to meet demand over the long term.