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Japan narrows naphtha reliance on Middle East as supply shifts widen
Trade data for May shows emerging procurement from US, Europe and other regions
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Japan narrows naphtha reliance on Middle East as supply shifts widen
Trade data for May shows emerging procurement from US, Europe and other regions
- ·
Shift away from Mideast oil set to last despite price comedown
Geopolitical risks spur Japan, other Asian buyers to diversify their supplies