Iran tensions
Hormuz crisis seen as ‘opportunity’ to diversify supply beyond Middle East
Alaskan crude oil poses technical challenges for Japanese refiners but would arrive 15 days sooner than from the Middle East. © Reuters
MAO KAWANO and KANA MATSUKAWA
TOKYO — Japan needs a stable supply of crude oil from the U.S. state of Alaska in the medium to long term, the head of the Asian country’s petroleum lobby said here Monday.