Japan announced a broad energy-security strategy on August 26, 2026, pledging financial support for oil pipelines bypassing the Strait of Hormuz. The plan follows vulnerabilities exposed by the US-Iran war and aims to diversify crude supplies and strengthen supply security.
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Japan to diversify crude supplies, back pipelines that bypass Hormuz Reuters
The plan is part of a new energy strategy that's aimed at strengthening supply security, according to documents from Japan's Cabinet Office.
this outlet adds: plans, support, construction, bypass, strait, iran, laid, bare
Japan announced a broad energy-security plan on August 26 that includes financial support for oil pipeline projects bypassing the Strait of Hormuz, after the Iran war and the strait’s effective closure exposed its reliance on Middle Eastern crude [boereport.com#1][energynow.com#1][japan-forward.com#1][web.nhk#1]. The government calls the package POWERR GX. It aims to diversify crude supply routes,