Who are Asian countries choosing as an alternative to Hormuz?
Japan is turning to Canada as an alternative source as oil supplies in the Strait of Hormuz are disrupted. For the first time since 2025, a shipment of crude oil from Canada's TMX pipeline has been sent to Japan. After the war, not only Japan, but also India, Malaysia and Singapore have increased their imports of Canadian oil. As a result, Canada's importance in the global energy trade is increasing.
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