Brief: Cosmo CEO: Middle Eastern Crude Oil Is Highly Cost-Competitive And Is Expected To Remain A Key Source Of Supply Even After Iran Crisis
18/06/2026 08:37
BRIEF-Cosmo CEO: Middle Eastern Crude Oil Is Highly Cost-Competitive And Is Expected To Remain A Key Source Of Supply Even After Iran Crisis June 18 (Reuters) - Cosmo Energy Holdings Co Ltd 5021.T CEO:
WE PLAN TO EXAMINE MEASURES TO ENABLE REFINERIES TO PROCESS A DIVERSE RANGE OF CRUDE OILS
WILL CONDUCT RESEARCH AND ASSESSMENTS WITH A VIEW TO ENTERING LITHIUM DEVELOPMENT BUSINESS
WILL CONSIDER LOWERING PROPORTION OF CRUDE OIL SUPPLIES PASSING THROUGH STRAIT OF HORMUZ, RATHER THAN REDUCING DEPENDENCE ON MIDDLE EAST CRUDE
MIDDLE EASTERN CRUDE OIL IS HIGHLY COST-COMPETITIVE AND IS EXPECTED TO REMAIN A KEY SOURCE OF SUPPLY EVEN AFTER IRAN CRISIS
Further company coverage: 5021.T
(Reporting by Yuka Obayashi)
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