Japan mulls extra 20-day worth of oil release with Hormuz passage unclear

Japan is considering an additional release of its oil reserves providing 20 days of domestic consumption in May, as uncertainties remain over safe passage through the Strait of Hormuz even with the U.S.-Iran ceasefire, a source close to the matter said Thursday.The United States and Iran agreed to a conditional two-week ceasefire on Tuesday, shortly before the expiry of U.S. President Donald Trump's self-imposed deadline for Tehran to reopen the Strait of Hormuz or face the destruction of its critical infrastructure.But it remains uncertain whether the strait will be reopened or operate und…READ FULL ARTICLE