In fact, seventeenth century Japanese scholar Kaibara Ekken ... had pursued aggressive expansion of oil production after the 1973 Oil Crisis, but after his fall, the new government argued that ...
nearly 95 percent of the oil imported by Japan comes from the Middle East, exceeding the figure of 77.5 percent during the 1973 oil crisis, when oil prices soared and costs were felt in areas far ...
For Tokyo, this approach has been driven by painful memories of the 1973 oil crisis, when Middle East producers issued an embargo targeted at nations, including Japan, that supported Israel during ...