Japan to help Philippines boost oil reserves amid Iran war supply shock

Energy

Tokyo to partner with Manila officials to design framework this year

Japanese Prime Minister Sanae Takaichi, left, and Philippine President Ferdinand Marcos Jr. meet May 28 in Japan. (Source photos by Ken Suzuki, Ken Kobayashi)

TOKYO — Japan will support the Philippines in its efforts to strengthen oil reserves, with Japanese Prime Minister Sanae Takaichi and Philippine President Ferdinand Marcos Jr. expected to reach an agreement Thursday at their summit.