Singapore, 28 April 2026 – Asia-Pacific governments are moving quickly to contain the economic fallout from the Iran war, as disruptions to oil and gas supplies force policymakers to use subsidies, demand controls, emergency diplomacy and alternative supply channels to protect households and businesses from rising energy costs.
The region’s response reflects the scale of the pressure now facing energy-importing economies. Governments have already turned to policy tools such as higher subsidies to limit consumer price shocks, restrictions on fuel use and work-from-home arrangements for public officials, while officials have travelled abroad to secure alternative oil and gas supplies, including from Russia.
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