Japan's Taiyo Oil raises US crude imports to 60% amid Gulf supply disruption, says exec
XLE•Taiyo Oil boosts U.S. crude purchases
SINGAPORE, Sept. 9 - Japanese refiner Taiyo Oil has increased oil imports from the United States to 60% after the Iran war largely cut off imports from the Gulf, Tokyo's main oil source before the Middle East conflict, a company official said on Wednesday.
The company earlier procured 40% of its oil from the U.S., the official told Reuters on the sidelines of the APPEC industry conference.
