Japan will begin releasing national oil reserves on the 26th.

Golden Ten Data reported on March 24 that on March 24 local time, Japanese Prime Minister Sanae Takaichi stated at a cabinet meeting on the Middle East situation that the government would begin releasing national oil reserves starting March 26. In addition, Takaichi said that the "joint reserves with oil-producing countries" stored in Japan by Middle Eastern oil exporters are also expected to begin releasing within March. Previously, in response to the Japanese government's request, on the morning of March 16, Japanese private companies began releasing approximately 15 days' worth of private oil reserves. The total release volume is about 80 million barrels, equivalent to 45 days of Japan's oil supply, marking the largest release since Japan established its national oil reserve system in 1978.