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Can Japan Say Goodbye to Middle Eastern Oil?

Among the world’s top fuel-consuming nations, Japan is the most energy insecure. Its import-dependency ratios are scary: It buys overseas 99.9% of the oil it needs; 99.7% of the coal; and 97.8% of the natural gas. So Tokyo springs into action after every major energy shock to reassess its supply sou

Can Japan Say Goodbye to Middle Eastern Oil?

Among the world’s top fuel-consuming nations, Japan is the most energy insecure. Its import-dependency ratios are scary: It buys overseas 99.9% of the oil it needs; 99.7% of the coal; and 97.8% of the natural gas. So Tokyo springs into action after every major energy shock to reassess its supply sources, making it a bellwether of global trends. The direction it’s signaling this time? Run away from

Energy Bloomberg Sep 28, 2026

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