#jiji-press — Public Fediverse posts

Japan Supports Oil Diversification In Southeast Asia

For a few months now, the economies of Southeast Asian nations have been affected by the higher costs of imported oil from the Middle East and there is no telling what evil the terrorist state of Iran could do with regards to the critical Strait of Hormuz. As such, the need for Southeast Asian nations to diversify their crude oil procurement sources is clear and Japan confirmed it will help them, according to a news article by Jiji Press with additional content from Manila Bulletin.

To put things in perspective, posted below is an excerpt from the news article of Jiji Press. Some parts in boldface…

The Japanese government plans to help Southeast Asian countries diversify their crude oil procurement sources, in order to stabilize petrochemical supply chains amid the ongoing Middle East tensions.

Faced with recent energy shocks following the effective closure of the Strait of Hormuz, Southeast Asian nations, which depend heavily on imported crude oil, are working to reduce their reliance on Middle East oil.

The Philippines has depended on the Middle East for more than 90 pct of its crude oil imports. In March, the Philippines declared a national energy emergency due to soaring crude oil prices.

The Southeast Asian nation recently started importing crude oil from Russia, even while some countries have reduced or halted imports from Russia as part of sanctions following its invasion of Ukraine. The Philippines has also shown a willingness to pursue joint oil and gas exploration with China in the South China Sea, where the two countries have territorial disputes.

Philippine President Ferdinand Marcos Jr. said in a recent interview, “I don’t think that we will go back to the old system where the majority of the petroleum products that are coming out of the Strait of Hormuz are going to Asia.”

Marcos expressed expectations that Asian countries will further advance the diversification of their crude oil supply sources in the coming years.

Other member states of the Association of Southeast Asian Nations, such as Thailand and Vietnam, are also seeking to diversify their procurement of crude oil by increasing imports from the United States and African countries, in addition to Russia.

At an ASEAN summit in Cebu in the Philippines earlier this month, leaders reaffirmed in a joint statement their commitment to diversifying crude oil procurement sources and promoting energy trade in the region. They also exchanged views on the idea of establishing joint oil and gas reserves.

Meanwhile, the Japanese government is wary of the potential impact on domestic supply chains if supply chains in Southeast Asia, a petrochemical manufacturing hub, are disrupted.

“Supporting supply chains in Asian countries will directly contribute to strengthening the Japanese economy,” Japanese Prime Minister Sanae Takaichi said, indicating her intention to support ASEAN.

In April, the Japanese government announced a framework to provide financial support of 10 billion dollars, or around 1.6 trillion yen, to help stabilize energy supplies in Asian countries.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think Japan’s support for oil diversification in Southeast Asia is crucial for both itself and the region? Do you think Japan’s $10 billion plan will succeed in stabilizing the energy supplies of Asian nations? Do you think the Philippines will fall into an economic recession this year if the oil prices remained high? Do you think it is a wise idea for the Philippines to pursue a joint oil and gas exploration in the South China Sea with Communist China?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

+++++

Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

Japanese Garden Designer Wins Silver-Gilt at British Flower Show https://www.allforgardening.com/1779829/japanese-garden-designer-wins-silver-gilt-at-british-flower-show/ #garden #JijiPress

カナダ滞在中の目黒蓮が一時帰国　主演映画公開をPR（映画「SAKAMOTO DAYS」公開直前レッドカーペットイベント） https://drama.io/884474/ #jijipress #movie #映画 #映画公開予定 #時事通信社

Japan’s New Resupply Craft HTV-X Separated from ISS

Newsfrom Japan Science Society Mar 7, 2026 22:11 (JST) Tokyo, March 7 (Jiji Press)–Japan’s newly developed HTV-X resupply…
#NewsBeep #News #Science #AU #Australia #JijiPress
https://www.newsbeep.com/au/524824/

Jiji Press said that it has strictly reprimanded a photographer of its Photo Desk for making inappropriate remarks apparently related to new Liberal Democratic Party President Sanae Takaichi. https://www.japantimes.co.jp/news/2025/10/09/japan/politics/jiji-photographer-inappropriate-remarks-on-takaichi/?utm_medium=Social&utm_source=mastodon #japan #politics #sanaetakaichi #ldp #jijipress #media #journalism

King & Prince髙橋海人、葛飾北斎の魅力を熱弁（「HOKUSAI－ぜんぶ、北斎のしわざでした。展」取材会） https://www.vivizine.com/993688/ #actor #JIJIPRESS #俳優 #時事通信社 #高橋海人

The Metropolitan Police Department has arrested a 34-year-old male Jiji Press employee on suspicion of theft, sources said Thursday. https://www.japantimes.co.jp/news/2025/07/10/japan/crime-legal/jiji-employee-theft/?utm_medium=Social&utm_source=mastodon #japan #crimelegal #japanesepolice #theft #media #jijipress #tokyo

Prices of 1,380 Food Items to Go Up in Japan in Jan. https://www.diningandcooking.com/1790952/prices-of-1380-food-items-to-go-up-in-japan-in-jan/ #food #JijiPress

https://www.wacoca.com/videos/2276867/gravure-idols/ 広瀬すず＆横浜流星が出演、富士フイルム「instax Link」シリーズ新CM（CM 富士フイルム instax mini Link3／広瀬すず 横浜流星） #CM #INSTAXLink #JIJIPRESS #富士フイルム #広瀬すず #時事通信社 #横浜流星

https://www.wacoca.com/videos/2266657/celebrity/ 阿部寛、CMで熱血ベテラン刑事を演じる　後輩役で中島歩も出演（芝浦機械 新CM メイキング） #Celebrities #Celebrity #JIJIPRESS #Vlog #メイキング #中島歩 #刑事 #新CM #時事通信社 #松嶋菜々子 #芝浦機械 #阿部寛 #阿部寛CMで熱血ベテラン刑事を演じる後輩役で中島歩も出演芝浦機械

https://www.wacoca.com/videos/2234911/johnnys/ 広瀬すず＆山下智久、夏らしさ全開の新ＣＭ（日本マクドナルド マックカフェ McCafé 新CM／すいかフラッペ ゴールデンパインフラッペ マカロンバナナ） #JIJIPRESS #Johnny’s #ジャニーズ #ジャニーズアイドルは #山下智久 #広瀬すず #時事通信社

https://www.wacoca.com/videos/2228386/johnnys/ Snow Manラウール＆出口夏希、大阪に凱旋！　映画「赤羽骨子のボディガード」大ヒット祈願＆サプライズ舞台あいさつ #JIJIPRESS #Johnny’s #SnowMan #ジャニーズ #ジャニーズアイドルは #ラウール #出口夏希 #大阪 #映画 #時事通信社 #赤羽骨子のボディガード #難波八阪神社

https://www.wacoca.com/videos/2188177/celebrity/ 広瀬すず＆山下智久が出演、「マクドナルド」新CM（マックカフェ McCafe by Barista オレオ クッキー チョコミントフラッペ） #barista #Celebrities #Celebrity #JIJIPRESS #McCafé #Vlog #オレオ #クッキー #チョコミントフラッペ #広瀬すず #広瀬すず山下智久が出演マクドナルド新CMマックカフェ #時事通信社

https://www.wacoca.com/videos/2185155/johnnys/ 堂本光一、フェラーリ愛を熱弁（映画「フェラーリ」先行上映会イベント） #JIJIPRESS #Johnny’s #ジャニーズ #ジャニーズアイドルは #堂本光一 #時事通信社

https://www.wacoca.com/videos/2183526/johnnys-junior/ 川島如恵留、松倉海斗を絶賛「こいつ、かっこいいんすよ」　音楽劇「A BETTER TOMORROW -男たちの挽歌-」でＷ主演（取材会／松倉海斗 川島如恵留 ∈Travis Japan 青柳翔） #ＡＢＥＴＴＥＲＴＯＭＯＲＲＯＷ－男たちの挽歌－ #JIJIPRESS #Johnny'sJr #Johnny'sJunior #Johnny’s #TravisJapan #ジャニーズ #ジャニーズJr. #ジャニーズアイドルは #トラジャ #川島如恵留 #時事通信社 #松倉海斗 #青柳翔 #音楽劇

https://www.wacoca.com/videos/2169064/gravure-idols/ 超ときめき♡宣伝部、念願の「THE FIRST TAKE」で“最上級にかわいい”一発どり！（インタビュー／辻野かなみ 杏ジュリア 坂井仁香 小泉遥香 菅田愛貴 吉川ひより） #JIJIPRESS #TheFirstTake #北川景子 #時事通信社 #最上級にかわいいの！ #超ときめき♡宣伝部 #超とき宣

https://www.wacoca.com/videos/2168016/model/ 山下智久、ナタリー・ポートマンら　「ミス ディオール展覧会」に来場（新木優子 BLACK PINK ジス 小栗旬 北村匠海 武井咲 中川大志 長谷川潤 広瀬アリス 吉沢亮） #JIJIPRESS #時事通信社 #長谷川潤

https://www.wacoca.com/videos/2152264/johnnys/ 堂本光一「SHOCK」エターナル編千秋楽、井上芳雄がサプライズ登場（2024年5月31日「Endless SHOCK-Eternal-」千秋楽 帝国劇場） #JIJIPRESS #Johnny’s #ジャニーズ #ジャニーズアイドルは #堂本光一 #時事通信社