Japan said it will release an additional 20 days’ worth of oil reserves in May, in a second round address supply uncertainty over the war in the Middle East.
Japanese Prime Minister Sanae Takaichi said the planned release of the government reserves will start in early May, after an earlier release last month.
Japan started releasing about 50 days’ worth of oil reserves in March, including from those held by the state, the private sector and oil-producing Gulf nations.
As of April 6, Japan had 230 days’ worth oil reserves, including 143 days’ worth in government stockpiles, according to the Natural Resources and Energy Agency.
Takaichi said her government is working to secure oil imports via routes that do not include the Strait of Hormuz, while Japan seeks to diversify suppliers.
Seoul said senior diplomat Chung Byung-ha will soon depart for Iran as a special envoy to discuss the safety of its citizens and Iran’s chokehold on the Strait of Hormuz.
South Korea’s Foreign Ministry said Friday that Chung plans to push for freedom of navigation for all vessels in the strait, including South Korean ships.
The ministry earlier said Iranian Foreign Minister Abbas Araghchi welcomed Seoul’s plan to send a special envoy during a phone call with South Korean Foreign Minister Cho Hyun on Thursday.
“We are in dire straits here folks”
-Governmnet Official
While often overlooked bees are very important to the environmnet and if left unprotected it could be very bad very quickly
Cowboys were the unlikely prey to one Wiley E. Coyote this weekend More to follow