TOKYO -- Japan is considering releasing more oil from its reserves in coordination with the U.S. and other countries, a government source told Nikkei, as the Russian invasion of Ukraine exerts upward pressure on global crude prices.
IEA to start talks with Tokyo, Washington and London for coordinated release

Japan's national oil reserves at a storage facility in Kagoshima Prefecture. The country held 146 days' worth as of the end of December. © Kyodo
TOKYO -- Japan is considering releasing more oil from its reserves in coordination with the U.S. and other countries, a government source told Nikkei, as the Russian invasion of Ukraine exerts upward pressure on global crude prices.