India to China how governments are cushioning households from energy price shocks

War-linked oil moves are driving emergency price shields worldwide

From India to China, governments are rolling out a patchwork of measures to blunt rising energy costs tied to the U.S. Israeli war on Iran. Policies range from fuel tax tweaks and strategic reserve releases to subsidies, tax cuts, and external financing. Some countries are also pushing conservation and accelerating domestic supply and alternative energy to reduce future shocks.