Strait of Hormuz Tensions Escalate
Trump extends deadline for Iran to reopen Strait of Hormuz, critical for Japan's oil.
43 Japan-linked vessels remain trapped in Hormuz Strait.
Japan holds 8 months of oil and 4 months of naphtha reserves.
Japan denies energy supply issues, diversifying suppliers for midstream products.
Former diplomat Koichiro Tanaka warns US inaction creates power vacuum for China.
4 days ago