<p>Japan is preparing to subsidise the additional cost of importing oil from suppliers outside the Strait of Hormuz, in a significant government intervention aimed at reducing the country&#8217;s dependence on the increasingly dangerous waterway. The Japanese cabinet approved three bills yesterday designed to diversify energy imports, support tanker insurance and finance alternative oil transport infrastructure. &#8230;</p> </p><p><p>https://splash247.com/japan-prepares-to-pay-for-oils-long-way-round/</p></p>