TOKYO/HO CHI MINH CITY/JAKARTA -- An oil price surge is pressuring Asian governments to control the price of gasoline, and while some have allowed prices at the pump to rise, others are eating the costs for fear of stoking public anger.
With the war in Ukraine sending West Texas Intermediate crude as high as $130 a barrel on Monday for the first time since 2008, the Vietnamese and Japanese and other governments are implementing or considering measures to ease consumers' economic burdens.