Japan only has 250 days of oil left

Japan only has 250 days of oil left

How is the conflict in the Middle East threatening global supply chains?

SCSP’s Gavin Finkle explains how the Iran-US-Israel conflict is severely impacting energy supplies for allies in East Asia, particularly Japan, South Korea, and Taiwan. With disruptions hitting the Strait of Hormuz, Japan, which imports 95% of its oil from the Middle East, is currently sitting on just 250 days of crude oil and 3 months of natural gas. We haven’t seen an energy shock like this since 1973.

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#Energy #Geopolitics #Japan #NationalSecurity #SupplyChain #news