In order to avoid disruption in the supply of petroleum products, Japan is planning to provide up to 100 billion US dollars in aid to Southeast Asian countries.

According to reports, Japan plans to provide up to $10 billion in financial aid to Southeast Asian countries to help them cope with the soaring oil prices caused by the Middle East war. It is reported that Japan imports oil-related products from Southeast Asia, and insufficient oil reserves in some countries may disrupt supply and have a negative impact on Japan's healthcare system. It is reported that Japanese Prime Minister Sanae Takaichi is expected to announce this aid plan at a video conference with local leaders on Wednesday afternoon, which may include loans. Chief Cabinet Secretary Tadamori Oshima said earlier on Wednesday that Japan is considering mutual cooperation with Asian countries from the perspective of ensuring oil product supply and strengthening supply chains. If procurement is disrupted, it may have a negative impact on Japan's healthcare system. Japan plans to provide financial support through the government-sponsored Japan International Cooperation Bank. Southeast Asian countries, including Vietnam, have previously sought help from Japan and South Korea in terms of oil supply. Since the outbreak of the Iran war about six weeks ago, Japan has used its strategic oil reserves in two batches, but Japan has stated that its reserves are only for domestic refineries and not for foreign supply. Japan itself is not facing an oil shortage at the moment. The Ministry of Economy, Trade and Industry of Japan stated that the country can ensure an adequate oil supply this year by finding alternative transport routes outside the Strait of Hormuz and using its abundant oil reserves.