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Japan to Release More Oil Reserves in May

Japan is set to release additional oil from its strategic reserves in May as part of efforts to strengthen energy supply security amid ongoing global uncertainties.

The planned release, equivalent to about 20 days of domestic consumption, comes as concerns continue over possible disruptions in key global shipping routes, especially the Strait of Hormuz, a critical passage for crude oil exports from the Middle East.

According to reports, the Japanese government is reviewing the move as a precautionary step to ensure stable fuel supply and reduce pressure on the domestic market if global shipments are affected.

Japan has already been tapping into its emergency oil stockpiles since mid-March in coordination with other major economies. Those earlier releases were aimed at supporting market stability and preventing sharp increases in fuel prices.

Despite these interventions, officials say risks in the global oil market remain, prompting continued monitoring and readiness to act if conditions worsen.

The Ministry of Economy, Trade and Industry is expected to keep assessing supply trends while exploring alternative sources to reduce dependence on vulnerable shipping routes.