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Japan, Saudi Arabia form oil supply task force amid Middle East crisis

Press Room by Press Room
May 10, 2026
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Akazawa also joined an online meeting on critical minerals with the Group of Seven major industrialised nations. It was the first such meeting among the G7 members, Britain, Canada, France, Germany, Italy, Japan and the United States, together with the European Union.

At a press conference, Akazawa said he had conveyed Japan’s concern to the EU over its industrial accelerator act. Under the measure, electric vehicles and other Japanese goods could be left off the EU’s list of products eligible for public aid.

The act, announced in…

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