Russian oil tanker arrives in Japan amid Hormuz crisis

A tanker loaded with crude oil from Russia's Sakhalin-2 project has arrived at a facility in Ehime Prefecture, Japan—the first such import since U.S.-Israeli strikes closed the Strait of Hormuz in February.

Following an announcement two days ago, the tanker—tracked leaving Sakhalin in late April—has docked in western Japan's Ehime Prefecture, as reported by The Japan Times. Wholesaler Taiyo Oil Co purchased the shipment from the Gazprom-led Sakhalin-2 project, in which Japanese firms Mitsubishi Corp and Mitsui & Co hold stakes.

This Russian crude is exempt from Western sanctions related to Ukraine. The arrival underscores Japan's push to diversify from Middle East supplies disrupted by the Hormuz closure, building on earlier moves like tapping strategic reserves.

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South Korean vessel transiting the Strait of Hormuz
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Second South Korean vessel transits Strait of Hormuz

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Another South Korean-operated vessel has passed through the Strait of Hormuz, the second such case amid regional tensions.

Japan will procure crude oil from Russia for the first time since U.S.-Israeli strikes on Iran in February closed the Strait of Hormuz. A tanker carrying oil from Russia's Sakhalin-2 project is heading to the country, a trade ministry official said Saturday. Resource-poor Japan aims to diversify away from Middle East imports.

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The Japanese oil tanker Idemitsu Maru has become the first to return to Japan through the Strait of Hormuz since war broke out in Iran.

The Panamanian-flagged bulk carrier MDL Toofan crossed the Strait of Hormuz on Sunday bound for Rio Grande do Sul.

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Oil prices are dropping significantly as tankers resume passage through the Strait of Hormuz following a preliminary peace accord between the US, Israel, and Iran. This easing of supply concerns has pushed prices towards pre-war levels.

The United States has expanded its maritime blockade on Iranian-linked vessels, intercepting ships bound for China and pressuring Beijing's energy supplies. U.S. forces boarded the sanctioned tanker M/T Tifani in the Indo-Pacific on April 21, while another vessel, the Rich Starry, turned back from the Strait of Hormuz. Experts say China is managing short-term impacts through reserves but faces diplomatic challenges.

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U.S. military forces struck two Iranian oil tankers Friday in the Strait of Hormuz after exchanging fire with Iranian forces overnight. The attacks came amid efforts to enforce a blockade and followed reported Iranian missile and drone strikes on the United Arab Emirates.

 

 

 

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