Taipei, April 23 -- Taiwan has significantly increased its reliance on the United States for crude oil imports, which now account for about 60 per cent of total supply. Economic Affairs Minister Kung Ming-hsin confirmed the development on Wednesday, noting a strategic pivot in the nation's energy procurement, according to a report by Focus Taiwan.

The ministry's 2024 report previously indicated that approximately 30 per cent of Taiwan's crude oil imports came from the US, while the majority of the remainder was sourced from the Middle East.

Minister Kung, during a testimony before a legislative committee, addressed the current state of national energy security. He stated that the procurement and transportation of crude oil remain stable...