Japan Plans to Release 20-days Worth of Oil Stock from Early May Onwards

FXStreetApr 10, 2026 12:01 AM

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Japanese Prime Minister Sanae Takaichi said that the government is weighing a plan to release approximately 20 days' worth of additional oil reserves starting from early May onwards, Reuters reported on Friday.

This move aims to stabilize domestic energy supplies amid persistent shipping disruptions in the Strait of Hormuz, despite a recent two-week ceasefire between the United States and Iran.

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