Country suffers heaviest fallout among top importers of crude and naphtha

Tokyo, May 27 (Jiji Press)--Ocean cargo shipping prices in Japan rose to another record in April as the war in Iran drove up fuel costs, the Bank of Japan said Wednesday. Crude…

China's crude oil imports fell 20% in April 2026 to 38.5 million metric tons, the lowest since mid-2022, as the Iran conflict closes the Strait of Hormuz.

Latest trade data shows naphtha imports fell sharply, while trebling from India

Strategic petroleum reserves are declining rapidly as countries release emergency crude supplies to cushion the economic impact of the Middle East conflict.

Country suffers heaviest fallout among top importers of crude and naphtha

Tokyo, May 29 (Jiji Press)--Japan's crude oil imports in April plunged 65.7 pct from a year earlier to 4.07 million kiloliters, the lowest level since such data were first…

Japan’s crude oil imports fell 66% in April to ~850,000 bpd, hitting a record low as the Iran war and Strait of Hormuz closure cut off Middle East supply.

Amid the supply disruption in the Middle East, Japan’s crude oil imports crashed by 66% in April from the same month last year, official Japanese data showed on Friday.

Japan's crude imports fell 66% due to Middle East supply disruptions. Crude oil reaching a new all-time high by September 30 at 21% YES.