Japan has secured sufficient oil supplies and is coordinating talks with leaders of the United States and Iran amid the war in the Middle East, Prime Minister Sanae Takaichi said Monday, April 6.
Takaichi told the House of Councillors Budget Committee that Japan has ensured its oil needs by releasing strategic reserves and arranging alternative procurement routes that do not pass through the Strait of Hormuz.
She said Japan has communicated with Iran multiple times and is advancing coordination through various channels, including possible meetings between leaders, in an effort to restore peace.
Takaichi emphasized that a key priority is to ensure safe navigation for all vessels, including Japanese ships.
Asked whether she would hold talks with U.S. President Donald Trump, Takaichi said that it had not yet been determined, but that Japan would make every effort to achieve dialogue.
Takaichi said the government is monitoring supply, demand and prices of key commodities while considering the potential long-term impact of the worsening situation in the Middle East.
She added that Japan’s electricity supply has not been affected because the country’s reliance on fuel transported through the Strait of Hormuz is relatively low.