🚨JAPAN DENIES DECISION TO #RELEASE OIL RESERVES

🇯🇵 Japan says NO final decision has been made on releasing oil from its strategic reserves, despite reports suggesting preparations were underway. Officials say Tokyo is closely monitoring the Middle East conflict before making any move. The timing is critical. Oil markets are already on edge. Brent crude briefly surged near $120 per barrel. That’s one of the largest price spikes in decades. The key issue is the Strait of Hormuz. ~20% of the world’s oil supply flows through this single chokepoint. And Japan is one of the most exposed economies, with +90% of Japan’s crude imports passing through Hormuz. That’s why strategic reserves matter. Japan holds the world’s 3rd LARGEST petroleum reserves after the U.S. and China. These emergency stockpiles cover roughly 254 days of domestic consumption. Releasing those barrels could help stabilize global supply and calm oil prices. But there’s a BIGGER signal here. #crypto