Japan turns to Canadian crude as Asia feels Hormuz supply pinch
- Uncertainty over crude oil supplies via the Strait of Hormuz is pushing Asian states towards Canada’s TMX crude oil.
- The first shipment of Canadian crude oil since 2025 is headed to Japan on a ship chartered by Exxon Mobil, according to data released by tracking firm Kpler.
- The Marshall Islands-flagged vessel, Freedom Glory, which can carry up to 750,000 barrels of crude, left Vancouver on Wednesday, loaded with Trans Mountain pipeline (TMX) crude.
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- Uncertainty over crude oil supplies via the Strait of Hormuz is pushing Asian states towards Canada’s TMX crude oil.
- The first shipment of Canadian crude oil since 2025 is headed to Japan on a ship chartered by Exxon Mobil, according to data released by tracking firm Kpler.
- The Marshall Islands-flagged vessel, Freedom Glory, which can carry up to 750,000 barrels of crude, left Vancouver on Wednesday, loaded with Trans Mountain pipeline (TMX) crude.
Sources: Al Jazeera