Saudi Arabia, UAE supplied 85% of Japan’s crude oil in March

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Saudi Arabia, UAE supplied 85% of Japan’s crude oil in March

TOKYO: Saudi Arabia and the UAE provided 85 percent of Japan’s total crude oil needs in March, according to the Agency of Natural Resources and Energy of the nation’s Ministry of Economy, Trade and Industry. A further 10 percent of Japan’s needs were from Arab sources including Kuwait, Qatar, Oman and the Neutral Zone. This means that the Arab region provided nearly 95 percent of Japan’s needs. Crude oil represents about a third of Japan’s ene…