Japan's Ministry of Industry and Trade stated that Japan's unilateral decision to release its strategic oil reserves was intended to facilitate a swift response, as Japan would suffer the most severe impact should the Strait of Hormuz be closed.
2026-03-11
Japan's Ministry of Industry and Trade stated that Japan's unilateral decision to release its strategic oil reserves was intended to facilitate a swift response, as Japan would suffer the most severe impact should the Strait of Hormuz be closed.