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Home › Finance › Fossil Fuel Subsidies to Hit $1…
Finance

Fossil Fuel Subsidies to Hit $1 Trillion in War’s Energy Price Shock, UN Says

Bloomberg Jun 29, 2026 1h ago ⏱ 1 min read 👁 1 views
Fossil Fuel Subsidies to Hit $1 Trillion in War’s Energy Price Shock, UN Says
Image via Bloomberg
📋 Article Summary
42 words
Fossil fuel subsidies are projected to reach $1.1 trillion in 2026 as governments spend more to shield consumers from high energy prices triggered by the war in Iran. This story was reported by Bloomberg. For more Finance news in Kenya, stay tuned to Masaa.
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