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Japan's trade minister announced that the country will sell oil from its strategic reserves to domestic refiners as a general rule, signaling Tokyo is not currently planning to supply other Asian nations directly. Several Asian countries have been seeking assistance amid energy market disruptions. The statement comes amid broader tensions linked to the Middle East conflict affecting global oil supplies.

Japan’s trade minister said the country will sell oil from its reserves to domestic refiners as a general rule, signaling that the government isn’t currently planning to channel national supplies directly to other Asian nations seeking assistance.