INSEAD Day 4 - 728x90

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

UAE meets 42% of Japan’s crude oil needs in July

The UAE secured 42 percent of Japan's crude oil needs in July. AFP/File
  • Japan imported 81.05 million barrels of crude during July, of which 79.17 million barrels, or 97.17 percent, came from Arab countries
  • Saudi Arabia contributed 28.47 million barrels, which is 35.1 percent of the Japanese crude needs

The UAE secured 42 percent of Japan’s crude oil needs in July, which is equal to 33.99 million barrels, according to the Agency for Natural Resources and Energy in Tokyo.

The agency, part of the Japanese Ministry of Economy, Trade and Industry, stated that Japan imported 81.05 million barrels of crude during July, of which 79.17 million barrels, or 97.17 percent, came from Arab countries.

Saudi Arabia came second, meeting 35.1 percent of the Japanese crude needs, or 28.47 million barrels.