Japan to review gasoline subsidies starting December

• Japan is providing subsidies to oil wholesalers to keep the average retail price of gasoline at about ¥170 per liter.
• The government is reviewing these subsidies due to mounting costs.
• Officials say the phase-out of subsidies may begin in December.
• The decision aims to curb the financial burden on the government.
• The review is based on the increasing costs of gasoline and the need for fiscal responsibility.