The Japanese government is considering releasing its national oil reserves to prepare for possible prolonged supply disruptions amid the U.S.-Israeli war with Iran, a source familiar with the matter said Friday. Japan may release the stockpile on its own rather than as part of a coordinated international effort, according to…

TOKYO, March 6 : Japan is considering releasing its national oil reserves amid the ongoing Iran crisis that has disrupted global energy supplies, Kyodo news agency reported on Friday.Japan relies on the Middle East for around 95 per cent of its oil supplies with around 70 per cent coming via the Strait of Hor

TOKYO, March 6 : The Japanese government is considering using part of its national oil reserves amid the ongoing Iran crisis that has disrupted global energy supplies, Kyodo news agency reported on Friday citing sources, and may do so in coordination with other countries or even on its own. Japan relies on th