Japan's Trade Minister Akazawa says Japan supports the IEA-led coordinated release of strategic oil reserves

Japan's support for the IEA-led coordinated release of strategic oil reserves reflects a commitment to stabilizing global oil markets amid rising concerns over supply disruptions.

Newsquawk StaffPublished 10 Mar 2026, 08:31 UTCOn the live feed at 08:11 UTC — 1 more headline followed before this page went public

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Iranian Parliament Speaker says we do not seek a ceasefire and believe in the necessity of teaching the aggressor a harsh lesson

08:11

Japan's Trade Minister Akazawa says Japan supports the IEA-led coordinated release of strategic oil reserves

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EUROPEAN OPEN: VOW3 GY FY operating profit misses; RNO FP announces new strategic plan; BOSS GY sales/guidance tops expectations; Mongolia seeks to renegotiate RIO LN loan; Aramco net income beats, announces buyback and boosts dividend

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Context

This move could have implications for WTI prices and signal a synchronized effort among major economies to mitigate inflationary pressures linked to energy costs.

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