The Japanese government is considering subsidies for electricity and city gas this summer, following its earlier gasoline subsidies. Rising energy prices tied to the Iran conflict are expected to push fees higher around June.
The Japanese government is considering subsidies to ease costs for electricity and city gas during the upcoming summer period.
This follows the rollout of gasoline subsidies in March, when national average retail prices exceeded ¥190 per liter. Fees for electricity and city gas are now projected to begin climbing around June due to higher prices for crude oil and liquefied natural gas.
The price surge is linked to the ongoing conflict in Iran. Officials have not yet detailed the scope or timing of any potential support measures.
