Japan to release government-held oil reserves

Japan to release government-held oil reserves

Prime Minister Sanae Takaichi meets the press at her official residence in Tokyo on March 11, 2026, announcing that Japan would release 15 days' worth of reserves held by the private sector and then one month's worth of government-held oil in response to surging crude oil prices triggered by the ongoing conflict in the Middle East. The announcement was made hours before International Energy Agency member countries unanimously agreed on the largest-ever oil stockpile release.

  • Product Code
  • ILEA005073674
  • Registered date
  • 2026/3/11 00:00:00
  • Credit
  • Kyodo / Kyodo News Images
  • Media source
  • 2026 Kyodo News
  • Media size
  • 3480 × 2598 pixel
  • Resolution
  • 240 dpi
  • Deployment size
  • 826.88(KB)*
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    Japan to release government-held oil reserves

    Japan to release government-held oil reserves

    Prime Minister Sanae Takaichi meets the press at her official residence in Tokyo on March 11, 2026, announcing that Japan would release one month's worth of government-held oil in response to surging crude oil prices triggered by the ongoing conflict in the Middle East. The announcement was made hours before International Energy Agency member countries unanimously agreed on the largest-ever oil stockpile release.
      Japan to release government-held oil reserves

      Japan to release government-held oil reserves

      Prime Minister Sanae Takaichi meets the press at her official residence in Tokyo on March 11, 2026, announcing that Japan would release 15 days' worth of reserves held by the private sector and then one month's worth of government-held oil in response to surging crude oil prices triggered by the ongoing conflict in the Middle East. The announcement was made hours before International Energy Agency member countries unanimously agreed on the largest-ever oil stockpile release.
        Japan to release government-held oil reserves

        Japan to release government-held oil reserves

        Prime Minister Sanae Takaichi meets the press at her official residence in Tokyo on March 11, 2026, announcing that Japan would release 15 days' worth of reserves held by the private sector and then one month's worth of government-held oil in response to surging crude oil prices triggered by the ongoing conflict in the Middle East. The announcement was made hours before International Energy Agency member countries unanimously agreed on the largest-ever oil stockpile release.
          Japan to release government-held oil reserves

          Japan to release government-held oil reserves

          Prime Minister Sanae Takaichi meets the press at her official residence in Tokyo on March 11, 2026, announcing that Japan would release 15 days' worth of reserves held by the private sector and then one month's worth of government-held oil in response to surging crude oil prices triggered by the ongoing conflict in the Middle East. The announcement was made hours before International Energy Agency member countries unanimously agreed on the largest-ever oil stockpile release.
            Keidanren chairman Tsutsui

            Keidanren chairman Tsutsui

            Japan Business Federation Chairman Yoshinobu Tsutsui holds a press conference in Tokyo on Feb. 9, 2026, expressing his intention to cooperate with the Cabinet of Prime Minister Sanae Takaichi to promote its policies following the Liberal Democratic Party's landslide victory in the House of Representatives election on Feb. 8.