Reuters UK
SINGAPORE (Reuters) – Countries have announced fuel subsidies to cushion consumers from the impact of soaring energy prices after oil skyrocketed last week to 14-year highs. Here are the measures announced: JAPAN The industry ministry adopted a temporary emergency measure on Jan. 27 to ease wholesale prices and mitigate a sharp rise in the prices of gasoline and other fuel by giving oil distributors a subsidy of 3.4 yen ($0.0287) a litre. Since then the subsidy has risen four times, most recently to the upper limit of 25 yen a litre from Thursday. Tokyo is considering a fresh stimulus package …