What specific actions will CPC take if the Strait of Hormuz reopens, according to the news?

If the Strait of Hormuz reopens, CPC will designate loading ports within the Gulf during July and August to secure a more diverse range of crude oil—including heavier grades with higher sulphur content—to produce more bitumen and sulphur for domestic demand; it will also consider importing liquefied natural gas (LNG) from Qatar, with deliveries expected to begin in early September.

What is Taiwan's official stance on resuming Iranian oil imports following potential U.S. sanctions waivers?

Taiwan’s Economy Ministry Energy Administration stated that Taiwanese businesses will assess energy imports from the Middle East region based on the situation in the Strait of Hormuz, without being limited to any specific country; Taiwan last imported Iranian crude in 2018, and no commitment to resume such imports was made.

Taiwan's CPC Ready to Diversify Crude Imports if Hormuz Reopens

Jun 17, 2026

Taiwan's state energy firm CPC plans to diversify crude oil and LNG imports from the Gulf if the Strait of Hormuz reopens following recent US-Iran developments. The company aims to secure heavier crude grades for bitumen and sulphur production to meet domestic demand.

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Taiwan's CPC Ready to Diversify Crude Imports if Hormuz Reopens

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