Japan plans to establish a $10 billion financial framework to help Asian countries secure oil supplies, as global energy markets face increasing disruption. The initiative is designed to support nations in purchasing oil and building emergency reserves, particularly in Southeast Asia where stockpiles remain limited.

Officials said the programme will be delivered through state-backed lenders, offering financing and insurance to reduce risks for importers and stabilise supply chains. Japan, which relies heavily on imported energy, is also seeking to protect its own economy by strengthening regional cooperation and ensuring more predictable access to fuel.

The framework comes amid growing volatility in global oil markets, with shipping disruptions and supply uncertainty driving competition among buyers. Analysts say the plan reflects a broader shift toward energy security across Asia, as governments look to reduce exposure to sudden supply shocks and price spikes.