Japan to Release Additional National Oil Reserves Amid Middle East Situation
Prime Minister Takaichi announced Japan's plan to release approximately 20 days' worth of national oil reserves from early next month to ensure a stable crude oil supply, in response to the Middle East situation.
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Takaichi confirms release of more oil reserves next month
Japan began tapping its stockpiles, the world's largest, in March as the government looked to temper a spike in prices caused by the hit to supply from the Middle East war.
Read full article →Japan to release extra 20 days' oil reserves from May - China Daily - Global Edition
Japan to release extra 20 days' oil reserves from May China Daily - Global Edition
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