Japan plans to release 20-days worth of oil stock from early May onwards

Japanese Prime Minister Sanae Takaichi said that the government is weighing a plan to release approximately 20 days' worth of additional oil reserves starting from early May onwards, Reuters reported on Friday. Japanese Prime Minister Sanae Takaichi said that the government is weighing a plan to release approximately 20 days' worth of additional oil reserves starting from early May onwards… Japanese Prime Minister Sanae Takaichi said that the government is weighing a plan to release approximately 20 days' worth of additional oil reserves starting from early May onwards, Reuters reported on Friday. Japanese Prime Minister Sanae Takaichi said that the government is weighing a plan to release approximately 20 days' worth of additional oil reserves starting from early May onwards, Reuters reported on Friday.This move aims to stabilize domestic energy supplies amid persistent shipping disruptions in the Strait of Hormuz, despite a recent two-week ceasefire between the United States and Iran.Meanwhile, Finance Minister Satsuki Katayama downplayed immediate oil shortage risks despite war backdrop, saying… For traders, this matters because commodity headlines often feed directly into inflation expectations, sector rotation and currency pricing. Watch whether the reaction stays isolated to one name or spills into the broader sector, index futures and correlated risk assets.