{
  "id": 3271469,
  "title": "Japan to Keep Pump Price Target at around 170 Yen",
  "url": "https://urgent.news/2026/08/25/japan-to-keep-pump-price-target-at-around-170-yen",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-25T13:18:51.000Z",
  "source": {
    "name": "Nippon.com News",
    "slug": "nippon-com-news",
    "url": "https://www.nippon.com/en/news/yjj2026082500825/"
  },
  "original_language": "en",
  "account": "Tokyo, August 25 - Japan intends to maintain the price target for regular gasoline near 170 yen per liter, Prime Minister Sanae Takaichi announced on Tuesday. The stability of Middle Eastern oil markets, currently volatile, prompted the decision. Prime Minister Takaichi directed Finance Minister Satsuki Katayama to coordinate with industry minister Ryosei Akazawa to allocate necessary funds. The political atmosphere in the Middle East remains unpredictable, making precise crude oil price forecasts challenging. The government aims to mitigate the impact on citizens' lives and economic activities for now. To address the situation, the government will access a 2.5 trillion yen reserve fund designated for Middle East-related issues, which was allocated in the June fiscal 2026 supplementary budget. By the end of July, the gasoline subsidy fund balance had dwindled to approximately 210 billion yen. Initially, the government intended to raise the gasoline price target beyond 170 yen as part of a review of the subsidy program, with the goal of avoiding prolonged subsidies amidst the Middle East's ongoing turmoil.",
  "summary": "Tokyo, Aug. 25 (Jiji Press)--The Japanese government will continue measures to keep retail prices of regular gasoline at around 170 yen per liter amid ongoing instability in the Middle East, Prime Minister Sanae Takaichi said Tuesday. Takaichi told reporters that she has instructed industry minister Ryosei Akazawa to consult with Finance Minister Satsuki Katayama to secure necessary funds. ...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}