President of the Petroleum Association of Japan: It is necessary to reduce dependence on Middle Eastern crude oil, aiming to lower it to 70% or 50%.
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```html(1) Kito Shunichi, President of the Petroleum Association of Japan (and Chairman of Idemitsu Kosan), stated that currently over 90% of Japan’s crude oil imports rely on the Middle East, and it is necessary to explore ways to reduce this proportion. (2) With an eye on the situation in Iran stabilizing, he proposed that the dependency could potentially be lowered to 70% or 50%, and plans to discuss this with the government. (3) Kito revealed that two large Japan-related oil tankers have already passed through the Strait of Hormuz, but seven tankers remain stranded in the Persian Gulf.```
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