Story perspectives

Global Governments Take Action to Curb Rising Energy Costs

3/26/2026

Summary

Story summary

During a cabinet meeting, U.S. President Donald Trump said energy prices have not risen as much as expected because of the war in Iran.
Governments worldwide are mitigating rising energy costs and protecting the global economy, including price limits at gas stations in China, Hungary, and Japan.
Georgia suspended its 33-cent-per-gallon gas tax.
Other states are considering similar measures.
The U.K. government pledged assistance for heating-fuel bills.

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Story summary

During a cabinet meeting, U.S. President Donald Trump said energy prices have not risen as much as expected because of the war in Iran.
Governments worldwide are mitigating rising energy costs and protecting the global economy, including price limits at gas stations in China, Hungary, and Japan.
Georgia suspended its 33-cent-per-gallon gas tax.
Other states are considering similar measures.
The U.K. government pledged assistance for heating-fuel bills.