Inpex will supply Japan with fossil fuels from Australia on a priority basis as the Strait of Hormuz blockade threatens shipments from the Middle East, Nikkei reports

This development signifies a shift in Japan's energy sourcing strategy, aiming to mitigate risks associated with regional supply chain disruptions due to the Strait of Hormuz blockade.

Newsquawk StaffPublished 31 Mar 2026, 15:57 UTCOn the live feed at 15:37 UTC — 7 more headlines followed before this page went public

Newsquawk headlinesUTC

15:47

EU Energy Commissioner Jorgenson says Iran war has added EUR 14bln to EU fossil fuel import bill so far; we see tightening in diesel and jet fuel market; energy consequences of Iran war will not be short-lived

15:44

Cyprus Energy Minister says EU Ministers confirmed today that the EU energy supply remains relatively safeguarded from Iran war impact; EU energy ministers agreed that measures to address crisis must be coordinated

15:37

Inpex will supply Japan with fossil fuels from Australia on a priority basis as the Strait of Hormuz blockade threatens shipments from the Middle East, Nikkei reports

15:36

Vale (VALE) base metals CEO says do not see any impact on the nickel business due to sulphur disruption as we generate our own production from Ontario

15:32

Some New England Governors are said to support advanced nuclear exploration

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Try the platform free

Free. No signup, no card.

Inpex has not said how much of the fuels it can supply to Japan. The supplies will be drawn from LPG and condensate sold on the spot market.

Context

It underscores increased reliance on Australian fossil fuels, potentially influencing energy prices and altering market dynamics in the Asia-Pacific region. Watch for implications on related commodity markets like LNG and overall import policies.

Energy · last 90 days

Recent headlines that moved markets

ENERGY/8 Sept · 05:23 UTC

Saudi Energy Minister says a number of energy facilities and utilities were hit; are temporarily halting some operations.

Brent Nov'26, after we published+1.0%

Steady upside of around 1% was seen across the crude complex following this update.

ENERGY/3 Sept · 08:03 UTC

Russian President Putin says that Russia and Ukraine should agree first; he notes that there is an opportunity to reach a peace agreement.

with Brent Nov, after we published−1.3%

ENERGY/1 Sept · 16:17 UTC

Initial reports of an American attack on Iran, reports i24's Stein.

- Brent (V6), after we published+1.2%

ENERGY/27 Aug · 17:46 UTC

The Trump administration has repeatedly told mediators it has no interest in going back to the terms of the MoU it reached with Iran in June, reports WSJ citing sources

Brent crude, after we published+1.4%

ENERGY/25 Aug · 19:26 UTC

A ceasefire between the US and Iran has been agreed upon, it includes free navigation in the Strait of Hormuz and will be announced in the coming days, reports Ria citing Pakistani and Iranian sources

Brent crude, after we published−2.4%

ENERGY/7 Sept · 10:54 UTC

Saudi Aramco Jizan oil facilities were reportedly hit in new strikes, the FT reports citing sources; hit on Monday, damage is being assessed.

Brent Nov'26, after we published+0.5%

Newsquawk Daily

Get both market opens in your inbox.

This note and the other one — the EU open and the US open, every business day, written by the desk. No account needed.

Related headlines

The whole workspace, free to try.

© 2026 Newsquawk. All rights reserved.