Japan's Chief Cabinet Secretary: No Decision Made on Strategic Petroleum Reserve Release
Deep News
Mar 09
Japan's Chief Cabinet Secretary, Minoru Kihara, stated during a regular press briefing on Monday that the government has not yet decided to release oil from its strategic petroleum reserves. He declined to comment on whether the government is even considering such a measure. Kihara also mentioned that there have been no reports received indicating a direct impact on domestic oil demand. He emphasized that the government will make every effort to ensure a stable energy supply and pointed out that oil prices are influenced by a variety of market factors.
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