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Japan says it will deal with oil release from reserves in cooperation with IEA, other nations -Breaking

by Mike Robinson

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© Reuters. FILEPHOTO: Japan’s Economy, Trade and Industry minister Koichi Hagiuda, who is wearing a protective mask during the COVID-19 epidemic, spoke at a Tokyo news conference on October 5, 2021. REUTERS/Kim Kyung-Hoon

TOKYO (Reuters – Japan stated Friday that it would appropriately address oil production from reserves. It did this in coordination with the International Energy Agency, relevant countries and Russia after Ukraine’s attacks.

Japan’s industry minister Koichi Hagida stated that Japan plans to take further measures to curb the rising cost of gasoline and kerosene due to high oil prices.

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