Tokyo, March 11 (Jiji Press)–Japanese Prime Minister Sanae Takaichi said Wednesday that the government will release its oil reserves as early as Monday amid soaring crude oil prices. Takaichi also said that the government will keep retail gasoline prices around 170 yen per liter or lower on average nationwide. According to the prime minister, she has instructed industry minister Ryosei Akazawa to implement emergency measures as soon as possible. END [Copyright The Jiji Press, Ltd.]
Japan to Release Oil Reserves Mon. at Earliest