Takaichi Says Gasoline Prices Will Remain Around 170 Yen Per Liter

Aug 25, 2026 | News On Japan

TOKYO - Prime Minister Takaichi said the government will continue using subsidies to keep the nationwide average gasoline price at around 170 yen per liter, drawing on reserve funds set aside to respond to developments in the Middle East.

"We have decided to use reserve funds for responding to the Middle East situation and other developments to continue keeping the nationwide average gasoline price at around 170 yen per liter," Takaichi said.

The government has been providing subsidies since March 19 under an emergency price-relief measure introduced in response to surging crude oil prices caused by heightened tensions in the Middle East.

The program is designed to hold the nationwide average retail price of gasoline at around 170 yen per liter.

Takaichi said the government will use reserve funds to maintain the measure and has instructed the finance minister and the economy, trade and industry minister to take the necessary steps.

Source: FNN

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