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Event Brief

Japan to Sell Oil from Reserves at Pre-War Prices

Japan plans to release 80 million barrels of oil from reserves at prices before the Middle East war, aiming to stabilize market prices.
WHO: Japan
WHAT: Selling oil from national reserves
WHEN: Mar 13, 2026 at 4:28 AM ET
WHERE: Japan
WHY: To prevent refiners from profiting from high oil prices
Sources (1): Japan Times

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