{
    "success": true,
    "data": {
        "id": 1625646,
        "msgid": "anticipating-soaring-global-oil-prices-japan-subsidises-fuel-1773939043",
        "date": "2026-03-19 23:20:00",
        "title": "Anticipating Soaring Global Oil Prices, Japan Subsidises Fuel",
        "author": "Cahya  Mulyana",
        "source": "MEDIA_INDONESIA",
        "tags": "",
        "topic": "Energy",
        "summary": "The Japanese government has reinstated fuel subsidies at 30.2 yen per litre for regular fuel to cap retail prices at around 170 yen amid escalating tensions in the Persian Gulf driving up oil prices. This measure also covers diesel and heavy oil to alleviate cost pressures on businesses, agriculture, forestry, and fisheries sectors. While subsidies will be adjusted weekly based on crude oil price fluctuations, the end date remains unspecified, with potential variations in price drops at petrol stations due to pre-subsidy stockpiles.",
        "content": "<p>The Japanese government has restarted its fuel subsidy scheme on\nThursday to curb rising commodity prices following the escalation of\ntensions in the Persian Gulf region. The subsidy is set at 30.2 yen\n(Rp3,124) per litre for regular fuel until next Wednesday to ensure the\nnational average retail price of fuel remains around 170 yen (Rp18,213).\nThe subsidy programme also includes diesel fuel and heavy oil to help\nease cost pressures on the business world as well as the agricultural,\nforestry, and fisheries industries. The value of the fuel subsidy from\nthe Japanese government will be adjusted weekly based on forecasts of\nthe next week\u2019s retail prices that reflect changes in crude oil prices.\nRegular fuel prices in Japan surged to a high of 190.8 yen (Rp20,462)\nper litre on Monday (16\/3), an impact of the rise in crude oil prices\nafter attacks by the United States and Zionist Israel on Iran. The\nJapanese government\u2019s decision to set this subsidy follows estimates\nthat fuel prices will continue to rise to 200.2 yen (Rp21,427) per litre\nnext week. Even with the fuel subsidy in place, Japan\u2019s Ministry of\nEconomy has stated that the timing of fuel price reductions may differ\nbetween petrol stations, considering there are still pre-subsidy fuel\nreserves that have not been released. The Japanese government has also\nnot yet determined when the fuel subsidy will end.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/anticipating-soaring-global-oil-prices-japan-subsidises-fuel-1773939043",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}