🚨BREAKING: Japan moves to release strategic oil reserves
⚡ Japan will partially release its strategic oil reserves ahead of the International Energy Agency’s official decision on a coordinated global supply intervention.$BNB
• Prime Minister Sanae Takaichi confirmed the country will release 15 days of private-sector reserves.
• Japan will also deploy one month of government-held strategic oil reserves, beginning March 16.$LINK
• The move comes as global markets brace for a large coordinated reserve release among IEA member countries.
• Officials hope the additional supply will stabilize crude prices and calm energy markets amid geopolitical tensions.
🛢️ The IEA is expected to announce its formal recommendation at 1 PM GMT, potentially triggering a historic global reserve release.$SUI
🔥 Energy markets on high alert as governments begin emergency supply measures.
