Announcement
24 Mar 2026
In March 2026, the Japanese government released national petroleum reserves under Article 13 of the Petroleum Stockpiling Act to four domestic refiners: ENEOS, Idemitsu Kosan, Cosmo Oil, and Taiyo Oil. The measure aims to secure a stable petroleum product supply amid a decline in crude oil imports from the Middle East following the effective closure of the Strait of Hormuz.
Source
Sign in to access
Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
26 Mar 2026
Revocation date:
No revocation date
Updated: 25 Mar 2026
Production subsidy
Recent update from 25 Mar 2026:
On 24 March 2026, the Japanese government released national petroleum reserves under Article 13 of the Petroleum Stockpiling Act to four domestic refiners: ENEOS, Idemitsu Kosan, Cosmo Oil, and Tai...
Sign in to see more
Threads
See all
This state act is not part of any Thread yet.