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المشهد العربي
Japan to hold oil reserves in September
The Japanese government announced that it will not replenish additional oil reserves during September and October, despite expectations of a decline in oil imports due to shipping disruptions in the Middle East. The Minister of Economy and Trade explained that oil procurement will decrease by up to 80% in September compared to the monthly average of last year, due to rerouting of oil tankers and delays in shipment arrivals. He confirmed that part of the pre-existing reserves remains stockpiled and has not been used, to ensure the stability of oil supplies during these two months, with reliance on alternative sources for supply.
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