Japan Launches POWERR Asia, Pledges $10B to Help Region Secure Oil Amid Middle East Energy Shock
by Mucahithan Avcioglu and Gokhan Ergocun (Anadolu Agency) New framework aims to finance crude, fuel procurement, expand stockpiling systems, and strengthen Asian supply chains amid Hormuz disruption Japan launched a new regional energy security initiative on Wednesday (April 15, 2026) and pledged around