Japanese oil company INPEX has announced a policy to prioritize crude oil sales to Japan. This strategic move reflects INPEX's commitment to domestic market stability and comes at a time when the global oil market is highly volatile. The policy is expected to have significant impacts on Japan’s economy and energy security. Details of the implementation plan have not yet been released.

Japan is heavily reliant on energy imports, particularly crude oil. Therefore, domestic energy security has always been an essential issue. INPEX's decision to prioritize sales to Japan corresponds to the nation's desire for greater resilience in its energy supply chain. The government and citizens alike are likely to respond positively to this decision, considering it a measure towards national energy security.

In the US or EU, local production serves a substantial part of their energy needs, reducing their reliance on global markets. For instance, the US has its oil reserves and increased its energy independence through fracking. Meanwhile, in Europe, nations like Norway and the UK have considerable oil and gas reserves. While strategic reserves and domestic prioritization are also discussed, these areas have a more significant buffer against global energy market volatility.