Japan's Prime Minister TAKAICHI said on Tuesday she has instructed relevant ministers to prepare measures to maintain gasoline price subsidies. Since mid‑March the government has subsidized oil wholesalers to keep average retail gasoline around ¥170/liter (≈$1) after crude rose amid the Middle East conflict.

2026-08-25

Japan's Prime Minister TAKAICHI said on Tuesday she has instructed relevant ministers to prepare measures to maintain gasoline price subsidies. Since mid‑March the government has subsidized oil wholesalers to keep average retail gasoline around ¥170/liter (≈$1) after crude rose amid the Middle East conflict.