The Japanese government is considering releasing its national oil reserves to prepare for possible prolonged supply disruptions amid the U.S.-Israeli war with Iran, a source familiar with the matter said Friday.Japan may release the stockpile on its own rather than as part of a coordinated international effort, according to the source. If realized, it would be the first such move by the resource-scarce nation since the establishment of the national oil stockpiling system in 1978.If other countries seek to join the move, the Japanese government plans to hold talks on the issue.Releases of oi…READ FULL ARTICLE
