Prime Minister Sanae Takaichi speaks at the Upper House Budget Committee session in Tokyo on Monday. | JIJI

Prime Minister Sanae Takaichi said Monday that Japan would neither impose fuel-saving measures nor compile a supplementary budget, signaling confidence in the country’s energy response as it seeks alternative oil supplies amid disruptions caused by the Strait of Hormuz blockade.

“I have heard various suggestions — including proposals to encourage reduced fuel use — but I do not believe this is the time to slow economic activity,” Takaichi told the Upper House Budget Committee.…