Japan's energy committee calls for regional efforts to secure reserves of oil and rare metals

On Wednesday, a government energy panel called for a national reserve plan to be strengthened to ensure the availability of oil and rare metals in the face of increased global competition.

Resource-poor Japan is facing an increasing risk of supply instability as it imports 90% of its oil from the Middle East, where geopolitical tensions are rising. As demand for these resources is growing rapidly, it is also competing with other coun....