Japan is considering extending its subsidy program for oil wholesales to lower retail gasoline prices beyond its current year-end deadline to next spring, intending to prevent a sharp hike in fuel costs amid persistent supply concerns triggered by Russia's invasion of Ukraine, sources familiar with the situation said Saturday.The government plans to set aside more than 1 trillion yen from the envisaged fiscal 2022 second supplementary budget that will finance an economic stimulus package to be finalized in October, the sources said.Subsidies to curb the impact of a surge in gasoline and oth…READ FULL ARTICLE
