13-May-2026
Economy News
 
From India to China, a look at what governments worldwide are doing to shield households from rising energy costs
13-May-2026

Governments worldwide are trying to shield consumers from soaring energy costs resulting from the U.S.-Israeli war on Iran. Here's how different countries are responding: ARGENTINA Argentina's government partially increased fuel taxes while postponing further increases until June, according to a decree. AUSTRALIA Australia is releasing petrol/gasoline and diesel from domestic reserves to ease shortages affecting rural supply chains, mining and agriculture.

News Source:- https://economictimes.indiatimes.com/industry/energy/oil-gas/from-india-to-china-a-look-at-what-governments-worldwide-are-doing-to-shield-households-from-rising-energy-costs/articleshow/131053919.cms