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Business

Japan's May Crude Import Price Hits Record High

Published Wednesday, June 17, 2026 · Updated June 17

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Narrative Spectrum

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  • Economic Impact of Oil Prices — 1 source

Coverage is limited to a single perspective from Channel News Asia.

Media Analysis

AI synthesis

Japan's customs-cleared crude oil import price hit a record high in May, reaching 114,076 yen ($712) per kilolitre. This increase reflects the economic impact of global oil supply disruptions, particularly amid the ongoing conflict in the Middle East.

What We Know — Key Points

  • Japan's customs-cleared crude oil import price reached a record high of 114,076 yen ($712) per kilolitre in May.

What Is Claimed — Perspectives

Economic Impact of Oil Prices
  • Channel News Asia

    This article provides a centrist Asian perspective on the economic impact of global oil supply disruptions on Japan's energy imports.

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  • Key points, perspectives, bias labels, and categorisation may contain errors.
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