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News 2026-10-13 04:15 UTC

Japan cabinet backs plan to help oil importers pay for higher transport costs

By Yuka Obayashi TOKYO, Oct 13 (Reuters) — Japan's cabinet approved three bills on Tuesday to strengthen energy supply security, including measures to offset higher costs of importing crude oil through routes that bypass the Strait of Hormuz, Industry Minister Ryosei Akazawa said. The government plans to submit the bil