Wednesday, April 22, 2026
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Nations step in to ease energy price shock

London

Governments across the world are rolling out measures to protect citizens from rising energy costs linked to the ongoing U.S – Israeli conflict with Iran, according to reports. Countries including United Kingdom, India, and South Korea are cutting taxes, boosting subsidies, and adjusting fuel and power policies to reduce household burden. India is increasing LPG production and managing exports, while South Korea is expanding nuclear and coal power use. Other nations are also tapping reserves, offering cash support, and controlling fuel prices. The global response highlights growing pressure on governments as energy markets remain unstable and prices stay high worldwide.

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