Anticipating Continued Middle East Turmoil, Japan to Release 2nd Wave of Oil Reserves
Foreseeing prolonged instability in the Strait of Hormuz, the Japanese government plans to release a second wave of state oil reserves to secure supply chains and protect the economy.
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- 📰 Published: April 10, 2026 at 12:52
- 🔍 Collected: April 10, 2026 at 13:00 (8 min after Published)
- 🤖 AI Analyzed: April 20, 2026 at 08:08 (235h 8m after Collected)
According to Kyodo News, the Japanese side assesses that even if the United States and Iran reach a ceasefire agreement, the Strait of Hormuz, a critical energy transport chokepoint, will continue to be in a state of chaos. Minister Takaichi stated today, 'We hope to be fully prepared for a stable supply of crude oil.'
Japan has already begun releasing the first wave of oil reserves, totaling about 50 days' worth, since mid-March. This release operation is expected to conclude by the end of April, after which plans are to begin releasing the second wave of reserves.
Minister Takaichi also pointed out that circulation issues have already occurred for thinners used in housing construction and car painting, and concerns have arisen regarding the supply of heavy oil used in producing green tea. She has instructed relevant agencies to resolve these situations.
She also mentioned that raw materials for products like medical gloves are petroleum products from the Middle East and are produced in Asia. 'From the perspective of securing supply and strengthening supply chains, it is necessary to evaluate cooperation and support with Asian countries,' she added.
According to NHK, Minister Takaichi and all cabinet members attended this meeting.
Minister of Economy, Trade and Industry Ryosei Akazawa stated at a press conference after the meeting, 'We have currently secured the necessary fuel and petroleum products for all of Japan. We will continue to do our utmost to ensure this going forward.' He also stated that comprehensive measures will be taken to avoid any impact on daily life and economic activities.
Regarding the subsequent release of oil reserves, Akazawa noted, 'If we further promote alternative sources, the release might be reduced, but if any problems occur, it might increase,' hinting that future measures will be planned based on observing subsequent procurement situations. (Compiler: Yang Weijing) 1150410
Japan has already begun releasing the first wave of oil reserves, totaling about 50 days' worth, since mid-March. This release operation is expected to conclude by the end of April, after which plans are to begin releasing the second wave of reserves.
Minister Takaichi also pointed out that circulation issues have already occurred for thinners used in housing construction and car painting, and concerns have arisen regarding the supply of heavy oil used in producing green tea. She has instructed relevant agencies to resolve these situations.
She also mentioned that raw materials for products like medical gloves are petroleum products from the Middle East and are produced in Asia. 'From the perspective of securing supply and strengthening supply chains, it is necessary to evaluate cooperation and support with Asian countries,' she added.
According to NHK, Minister Takaichi and all cabinet members attended this meeting.
Minister of Economy, Trade and Industry Ryosei Akazawa stated at a press conference after the meeting, 'We have currently secured the necessary fuel and petroleum products for all of Japan. We will continue to do our utmost to ensure this going forward.' He also stated that comprehensive measures will be taken to avoid any impact on daily life and economic activities.
Regarding the subsequent release of oil reserves, Akazawa noted, 'If we further promote alternative sources, the release might be reduced, but if any problems occur, it might increase,' hinting that future measures will be planned based on observing subsequent procurement situations. (Compiler: Yang Weijing) 1150410