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Japan Caps Gasoline at ¥170 as Middle East Tensions Drain Subsidy Fund
Tokyo will tap a ¥2.5 trillion emergency reserve after fuel subsidy balances dropped to ¥210 billion at the end of July.
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Tokyo will tap a ¥2.5 trillion emergency reserve after fuel subsidy balances dropped to ¥210 billion at the end of July.

Electric vehicle sales are experiencing a global surge, particularly across Asia, driven by rising oil prices following geopolitical tensions. Countries like South Korea, Australia, New Zealand, Indonesia, and Malaysia are seeing significant increases in EV…
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