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JapanEconomy2 days ago

Japan's Cosmo sticks with Middle East oil, betting on Hormuz reopening

Japanese energy company Cosmo Energy Holdings has decided to continue investing in oil production in the Middle East, despite existing supply risks. The company anticipates a future reopening of the Strait of Hormuz and plans to invest $1.9 billion in resource development to meet long-term demand.

Energy

Energy company keeps region in plans to invest $1.9bn in resource development

Cosmo Energy Holdings still sees the Middle East as an important source of oil despite the supply risks that have emerged. (Nikkei montage/Source photos by Kyodo and Nikkei)

SHOYA OKINAGA

June 19, 2026 02:02 JST

TOKYO -- Japanese energy company Cosmo Energy Holdings will continue investing in oil production in the Middle East, anticipating a reopening of the Strait of Hormuz, as it prepares to meet demand over the long term.

Read the full article at Nikkei Asia →
Source document: Cosmo Energy Holdings Investment Plan

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Nikkei AsiaIndependent🔒Center
Japan's Cosmo sticks with Middle East oil, betting on Hormuz reopening

Japanese energy company Cosmo Energy Holdings has decided to continue investing in oil production in the Middle East, despite existing supply risks. The company anticipates a future reopening of the Strait of Hormuz and plans to invest $1.9 billion in resource development to meet long-term demand.

Bias read (Center): The article presents a factual report on Cosmo Energy Holdings' investment decisions without overtly favoring any political perspective. It focuses on corporate strategy and economic planning rather than making evaluative claims or emphasizing ideological positions.

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  • organisation Cosmo Energy Holdings Investment Plan

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  • organisationCosmo Energy Holdings Investment Plan