Japanese Prime Minister Sanae Takaichi has asked the International Energy Agency (IEA) to prepare for additional coordinated releases of emergency oil reserves if the Middle East conflict drags on.
Takaichi met IEA Executive Director Fatih Birol in Tokyo on March 25.
After the meeting, Takaichi said she had asked Birol to ensure preparations for additional coordinated releases if the crisis persists.
The IEA chief described the meeting as “very productive” in a March 25 post on X and thanked Takaichi for Tokyo’s support in the agency’s historic oil stock release earlier this month.
The IEA announced the release of 400 million barrels from emergency stockpiles on March 11, while Japan said it would release 80 million barrels from national stockpiles, the largest drawdown in the country’s history….
Japanese PM Takaichi Asks IEA to Prepare Further Oil Releases
