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Japan will commence its largest-ever release of 80 million barrels from national oil reserves, equivalent to 45 days of domestic demand, in response to the escalating Middle East energy crisis.

Japan to Release Record Oil Reserves

Japanese Prime Minister Sanae Takaichi announced that Japan will initiate the biggest-ever release of oil from its strategic reserves this week. This measure is a response to potential shortages arising from the US-Israel war on Iran and the broader Middle East energy crisis. The amount to be released is approximately 80 million barrels, which is equivalent to 45 days of Japan's domestic demand.

Response to Energy Security Concerns

Last week, the Japanese government had already approved the release of 15 days' worth of oil from private-sector reserves. This decision comes amidst growing concerns that the conflict in the Middle East will continue to impede tanker traffic through the Strait of Hormuz. The extensive release of reserves highlights Japan's comprehensive strategy to address its energy security challenges.

*Source: The Guardian World (2026-03-24)*

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