Japan to Provide $10 Billion to Southeast Asia to Secure Oil
A man refuels the tank of a motorcycle at a petrol station in Manila.
Photographer: Jam Sta Rosa/AFP/Getty Images
Japan will provide $10 billion in financial support to nations in Southeast Asia to help them cope with soaring crude oil prices due to the war in the Middle East.
Japanese Prime Minister Sanae Takaichi announced the aid after the nation held a virtual meeting with regional leaders on Wednesday afternoon. She said in a news briefing that Japan relies on Asian nations to secure medical supplies like surgery gloves and equipment used for dialysis patients.