Fuel subsidies weigh on public finances as energy crisis deepens
- Posted on September 21, 2026
- By Financial Times
- 9 Views
- 1 min read
Global energy markets face unprecedented strain as government intervention escalates worldwide. Over 90 nations have implemented fuel subsidy programs to shield consumers from volatile price fluctuations, creating substantial fiscal pressure on national budgets. These measures, while providing short-term relief at the pump, raise concerns about long-term economic sustainability and distort market mechanisms. Policymakers grapple with balancing affordability against fiscal responsibility amid the ongoing energy crisis.
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