Japan starts additional release of state oil reserves
World 17:41 02/05/2026TOKYO -- Japan started releasing on Friday additional state oil reserves equivalent to about 20 days of domestic consumption, amid crude oil procurement concerns brought on by the de facto blockade of the Strait of Hormuz.
Japan begins 1st release of state oil reserves in 4 years
World 17:41 26/03/2026TOKYO -- The Japanese government began releasing the country's state oil reserves on Thursday, in an effort to ensure a stable supply of oil products amid Iran's de facto closure of the Strait of Hormuz.
Japan to tap into reserves for fuel subsidies
World 18:02 24/03/2026TOKYO -- The Japanese government said Tuesday that it will allocate 800.7 billion yen from its fiscal 2025 reserves to take steps aimed at curbing fuel prices.
Japan starts releasing oil reserves
World 17:46 16/03/2026TOKYO -- The Japanese government started releasing its oil reserves Monday to tackle the effective closure of the Strait of Hormuz by Iran in response to U.S.-Israeli strikes on Iran.
Japan to release oil reserves Monday at earliest
World 17:19 12/03/2026TOKYO -- Japan will release its oil reserves as early as Monday amid soaring crude oil prices, Prime Minister Sanae Takaichi said Wednesday.
