Oil
Japanese Refiners Buy Middle East Crude Through Ship-to-Ship Transfers
CEII brief
OilPrice.com reported on 13 Oct 2026: Japanese Refiners Buy Middle East Crude Through Ship-to-Ship Transfers.
Read the full story on OilPrice.comSeveral Japanese oil tankers are returning to the Middle East to pick up crude cargoes for Japan’s refineries, but none of these are moving into the Persian Gulf through the Strait of Hormuz.
Context from CEII
Crude benchmarks move budgets, currencies and inflation in producer and importer countries alike. For economies such as Nigeria, where fuels dominate exports, production and refining decisions move the whole economy.
1.2% of Japan’s merchandise exports were fuels in 2025Countries in this story
Original reporting © OilPrice.com. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
