Japan Taps Smaller Ships to Get US Oil Faster on Supply Concerns

Some Japanese refiners are seeking to speed up deliveries of US crude following disruptions caused by the Iran war, opting for smaller ships that can transit the Panama Canal rather...

By Yuji Okada, Yongchang Chin · Bloomberg Markets

Some Japanese refiners are seeking to speed up deliveries of US crude following disruptions caused by the Iran war, opting for smaller ships that can transit the Panama Canal rather than sail around Africa.