Get the app →
BriefTea logoBriefTea

Every story in sixty words

General · 12 March 2026

Japan releases 80 million barrels oil in IEA 400m effort.

Japan releases 80 million barrels oil in IEA 400m effort.

Sanae Takaichi announced that Japan will begin releasing oil from its strategic reserves to stabilize markets disrupted by the Middle East conflict. Tokyo plans to release about 80 million barrels, roughly 45 days of supply, starting with 15 days of privately held reserves followed by government stockpiles. The move forms part of a broader effort coordinated with the International Energy Agency, which is preparing a record 400-million-barrel release from member countries to calm surging oil prices.

By BriefTea Editorial ·

Reported by The Japan Times · How we write briefs

Get the app

More briefs

GeneralGoogle paying £260m to settle UK Play Store developer lawsuit PoliticsJames Cleverly steps down from the shadow cabinet to campaign for London mayor GeneralThe UK Navy just followed four Russian ships again GeneralSarah Ferguson is moving back to the UK following the Epstein scandal GeneralIcelanders vote on restarting EU membership talks after 13 years GeneralGoogle now auto-expands AI answers, pushing links down Browse all stories →