TOKYO: Japan said on Monday (Mar 16) it was beginning the release of its strategic oil reserves after the International Energy Agency indicated earlier that the release would begin in Asia and Oceania before other regions.IEA members agreed on Mar 11 to

TOKYO: Japan said on Monday (Mar 16) it was beginning the release of its strategic oil reserves after the International Energy Agency indicated earlier that the release would begin in Asia and Oceania before other regions.IEA members agreed on Mar 11 to

To prevent shortages of gasoline and other petroleum products, Japan will release its reserves in coordination with the G7 and the IEA, starting March 16, Takaichi said.