Tokyo, March 16, 2026 (AFP) - Japan says beginning release of strategic oil reserves

NAMPA / AFP

2026-03-16

Japan said on Monday it was beginning the release of its strategic oil reserves after the International Energy Agency indicated earlier that the release would begin in Asia and Oceania before other regions. Japan, which depends on the Middle East for 95 percent of its oil imports, said Monday in a notice in its official government gazette that the level of oil reserves in the country "is being lowered". hih-aph/tc ...

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