Japan announces biggest-ever oil release : Reports
The Siliguri Today
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March 25, 2026 • 12:04 PM
Japan announces biggest-ever oil release : Reports
Japan will begin the biggest-ever release of oil from its strategic reserves this week, PM Sanae Takaichi said amid possible shortages caused by Middle East war.
Japan's contribution to oil stockpile release coordinated by International Energy Agency will total nearly 80 million barrels, consisting mainly of crude oil, according to IEA. It is equivalent to 45 days of domestic demand.
