Tokyo-Sana
The Japanese government announced today that it is considering using oil reserves to deal with price increases.
According to Kyodo, Japan had not previously considered using crude oil stocks to drive up prices, and that such decisions had been taken in the past to deal with the repercussions of natural disasters or political turmoil abroad.
The Japanese government's proposed plan faced a lot of criticism, as officials warned of the danger of resorting to oil reserves if there was no shortage of supplies.
