Japan's gasoline subsidy reaches record 52.4 yen per liter as crude oil prices stay high
What happened
According to TV Asahi NEWS and Nikkei, Japan's gasoline subsidy has been raised to a record 52.4 yen per liter. The increase is linked to crude oil prices remaining high.
When it started
TV Asahi's headline says the higher subsidy takes effect from the following day. The sources provided do not give a publication date or the exact start date.
How it spread
The sources do not explain how the subsidy is calculated or paid out. Details such as eligibility and duration are not included in the material provided.
Why it matters
Nikkei reports the subsidy reached its maximum because of rising crude oil prices. Separately, the Saga Shimbun reports that gas stations in Saga Prefecture have fallen to about 40% of their peak, with 246 stations in FY2025, 12 fewer than the prior year, citing equipment update costs and no successors.