Tokyo, March 11, 2026 (AFP) - Japan to release oil reserves as early as Monday: PM

NAMPA / AFP
2026-03-11
Japan will release strategic oil reserves as early as Monday, Prime Minister Sanae Takaichi said, a unilateral move by the import-dependent Asian economy to ease concerns over rising fuel prices due to the Middle East war. Japan is the world's fourth-largest economy and the fifth-biggest importer of crude oil, with about 95 percent of its needs coming from the Middle East and around 70 percent passing through the Strait of Hormuz before the confl......
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