Japan Spent Nearly $2Bln in April on Efforts to Cap Gasoline Prices - Reports

NAMPA / Sputnik
2026-06-03
TOKYO, June 3 (RIA Novosti) - The Japanese government spent 310 billion yen ($1.94 billion) in April on efforts to rein in the rising prices of gasoline and other fuels amid the crisis in the Middle East, NHK reported on Wednesday. The funds were used to subsidize oil companies to keep gasoline prices at or below 170 yen ($1​​​.07) per liter, as well as to cap diesel and kerosene prices on supplies starting March 19. In mid-March, the government......
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