Japan and Saudi Arabia agree on importance of safe Hormuz passage without costs
The ministers discussed the tensions in the Middle East during their strategic dialogue in the Saudi capital.
Foreign Minister Toshimitsu Motegi of Japan met with Prince Faisal bin Farhan Al-Saud of Saudi Arabia on Wednesday, emphasizing the critical need for unobstructed and secure passage through the Strait of Hormuz without incurring extra costs. During their strategic dialogue in Riyadh, the capital city of Saudi Arabia, the ministers deliberated on regional tensions, particularly the recent Houthi attacks launched by the Iran-aligned militant group in Yemen.
Motegi firmly denounced these assaults. As Japan's primary crude oil supplier, Saudi Arabia holds significant importance to the Japanese economy. Motegi elaborated on Japan's Partnership on Wide Energy and Resources Resilience Asia (POWERR Asia) framework. This initiative aims to bolster oil reserves within Asia and foster cooperation to maintain a reliable energy supply.
The Saudi Arabian minister acknowledged the merits of this framework and expressed his readiness to collaborate in preserving oil deliveries to global markets.
Written by urgent.news from Japan Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
