Japan Government considers raising gasoline subsidy threshold to JPY 175/ltr in September (currently JPY 170/ltr)
The potential increase in Japan's gasoline subsidy threshold to JPY 175/ltr signals the government's response to rising energy costs, which could support consumer spending and mitigate inflation pressures.
US Treasury Secretary Bessent says the US can sanction any open-source AI Model if they do IP theft; going to be looking China models in the coming days
[MARKET ANALYSIS]: NDX extends on recent gains amid bullish tech stories
Japan Government considers raising gasoline subsidy threshold to JPY 175/ltr in September (currently JPY 170/ltr)
US Treasury Secretary Bessent says US froze USD 130mln crypto wallet tied to Iran's IRGC
US Treasury Secretary Bessent says saved USD 100mln from stopping payments to deceased people; think can save USD 350mln this year from payments overhaul, Fox Business reports
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
This change may impact global oil prices by influencing demand dynamics in Japan, especially if it encourages continued consumption amidst high prices.
Related headlines
- US senior Trump administration official says President Trump approved series of proclamations on Canada trade measures, with ban on dairy, most alcohol and motorcycle imports from Canada under Section 338 with restrictions effective in about 3 weeks3 hours ago
- US President Trump says directing the GSA, working with the USTR, to take all necessary steps to remove Canadian-origin products from GSA’s Multiple Award Schedules unless Canada restores full and fair reciprocity for American farmers and companies6 hours ago
- US President Trump reiterates that Iran will never have a nuclear weapon; says blockade against Iran has been effective11 hours ago
- Russia's Kremlin says US President Trump and Russian President Putin spoke on the phone; conversation was open and constructive and lasted one hour.12 hours ago
- US Central Command says their forces destroyed five Iranian crude oil carriers on Tuesday after the IRGC targeted a US Navy warship with ballistic missiles twice over the past two days4 hours ago
- US Secretary of State Rubio warns every time Iran tries to hit US Navy ships, they will lose tankers4 hours ago
- Iran launched at least 20 missiles at bases in Jordan with the Al-Salti and Prince Hassan bases targeted, according to SNN4 hours ago
- Iran has launched missiles at targets in response to US strikes, while unofficial sources cited by Tasnim noted that explosions were heard in Jordan following Iranian missile attacks5 hours ago
- IRGC says in light of the evils of the US army in targeting several oil tankers of Iran, we warn all oil tanker crews in the Kuwaiti and Bahraini ports, they will be targeted, Tasnim reports6 hours ago
- US is currently attacking Iranian oil tankers, i24 news reports, citing a US source7 hours ago
- Explosions heard in Saudi oil fields, reports YJC News citing Arab sources9 hours ago
- Sources report explosions in the Jazan region of Saudi Arabia, according to Fars 9 hours ago
- Flights reportedly suspended at Jeddah airport, Saudi Arabia, according to Iranian media 9 hours ago
- No US confirmation of the IRGC Navy Statement, related to claims that Iran has captured an unmanned US smart submarine11 hours ago
- Iran's IRGC Navy announces the capture of an unmanned US enemy smart submarine in the Strait of Hormuz, IRNA reports 11 hours ago
- BoE's Greene says that the length of time oil prices has been high for, worries her, in relation to potential second round effects13 hours ago
- PRE-MARKET AUSTRALIAN, JAPANESE AND SOUTH KOREAN STOCKS NEWS: Samsung Electronics (005930 KS)** - Co. opened an AI chip R&D hub in Yokohama to collaborate with Japanese companies on advanced semiconductor packaging2 hours ago
- US Secretary of State Rubio says that President Trump has a desire to reach an agreement with Colombia on tariffs4 hours ago
- US Market Wrap: Stocks fall and crude gains amid escalating geopolitics 6 hours ago
- CRUDE WRAP: WTI (V6) SETTLES USD 1.55 HIGHER AT USD 93.03/BBL7 hours ago
The whole workspace, free to try.
Try it free