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Japan Considers Energy Price Support Amid Middle East Tensions

The Japanese government and ruling party are discussing measures to support electricity and gas prices, including potential supplementary budget allocations, in response to the prolonged impact of the Middle East situation.

19 May, 08:01 — 19 May, 08:01
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Sources

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inquirerMostly Factualjust now

OIL PRICE WATCH as of May 19, 2026

MANILA, Philippines — Oil companies have implemented another round of fuel price hikes Tuesday, May 19, marking the latest increase driven by tensions in the Middle East. Gasoline prices will increase by P1.21 per liter, while diesel prices will climb by P2.82 per liter. Meanwhile, kerosene prices will decrease by P2.21 per liter. READ: Mixed

By Dona Policar

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Coverage Timeline

First report: NHK World · 18 May, 20:02Full coverage: 2 · 12hWindow: 12h
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NHK World18 May, 20:02First to report

中東情勢受け 電気・ガス料金の支援策など対策調整 政府・与党

12h later
inquirer19 May, 08:01Latest update

OIL PRICE WATCH as of May 19, 2026

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