Japan imported approximately 1.53 million barrels of Russian oil between May and June, with companies stating the aim is to diversify supply channels.

(1) According to estimates based on statistics from the Japanese Ministry of Finance, Japan imported a total of approximately 1.53 million barrels of Russian crude oil between May and June, with an average import price of $103 per barrel. (2) The above imports were completed in multiple batches. (3) Major oil companies such as Japan Sun Oil, Idemitsu Kosan, and ENEOS told reporters that the purpose of purchasing Russian oil is to diversify crude oil supply channels.