Oil
Oil Carriers Linked to Japan Return to MidEast
CEII brief
Rigzone reported on 13 Oct 2026: Oil Carriers Linked to Japan Return to MidEast.
Read the full story on RigzoneOil tankers with links to Japan appear to be picking up Middle East cargoes directly in the region once again, a tentative but significant return for the first time since the war began in February that speaks to soaring freight and logistics costs.
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 © Rigzone. 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.