Alaska sees oil resurgence as Japan, others look to U.S. state amid war

Alaska is seeing a resurgence in oil development as Japan and other nations heavily dependent on Middle Eastern oil look to the northernmost U.S. state as part of efforts to diversify their energy sources.Japan's need to secure alternative oil supplies has gained urgency during the U.S. war against Iran, after Tehran effectively closed the Strait of Hormuz, a major waterway for global energy shipments.The monthslong closure and the continuing uncertainty over who should control the strait have raised significant concerns over stable supplies of crude oil to Japan and other resource-poor cou…READ FULL ARTICLE