Japan's LDP proposes phasing down gasoline subsidies from December, raising benchmark by about 5 yen per month

Japan's ruling Liberal Democratic Party is proposing a phased reduction of gasoline subsidies, raising the price-control benchmark from 170 yen per liter by about 5 yen each month from December, amid concerns over funding shortfalls from high crude oil prices.

Detected & updated continuously · Source: Nebula