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Japan, South Korea Face Oil Supply Risks Amid US-Iran Tensions

4/22/2026

28 6 Full Breakdown

Summary

Story summary

Japan relies on the Strait of Hormuz for 93% of its crude oil, making it vulnerable to the US-Iran standoff.
South Korea depends on 70% of its oil and 20% of its natural gas via maritime routes, increasing risk.
Analysts warn that any blockade of these sea lanes would severely impact both economies.
Both nations are exploring alternative energy sources and shipping routes, but secure maritime channels remain critical.

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Story summary

Japan relies on the Strait of Hormuz for 93% of its crude oil, making it vulnerable to the US-Iran standoff.
South Korea depends on 70% of its oil and 20% of its natural gas via maritime routes, increasing risk.
Analysts warn that any blockade of these sea lanes would severely impact both economies.
Both nations are exploring alternative energy sources and shipping routes, but secure maritime channels remain critical.