Japan’s Crude Imports from Middle East Slump to Lowest on Record

Japan in April imported the lowest volume of crude oil from the Middle East on record dating back to 1979 as the Iran war and the de facto closure of the Strait of Hormuz choked supply from the region. Japan’s crude imports from the Middle East plummeted by 67.2% in April compared to the same month of 2025, provisional trade data from Japan’s Finance Ministry showed on Thursday. The April 2026 volume, estimated in Japan at 3.843 million kiloliters of crude oil, was the lowest since data collection began in 1979. Japanese imports of…