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Fuel Subsidies May Top $1 Trillion As Iran War Drags, UN Says

Governments around the world are running out of room to shield consumers from higher energy prices resulting from the Ir...

By Dhallo News · October 2, 2026 at 9:31 AM IST

Governments around the world are running out of room to shield consumers from higher energy prices resulting from the Iran war and other crises, with fuel subsidies potentially costing more than $1 trillion this year, a United Nations study found.

SOURCE: Bloomberg Markets

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