The ongoing conflict in West Asia has led to a significant spike in global energy prices, with Brent crude surpassing $100 per barrel. This surge is primarily due to disruptions in key supply routes, particularly around the Strait of Hormuz, a critical passage for global energy shipments. In response, various countries are implementing strategies to shield households from escalating energy costs. The United Kingdom announced plans to decouple electricity prices from volatile gas prices by offering fixed contracts to renewable energy generators, covering about a third of its power supply. Sweden is cutting fuel taxes and increasing electricity subsidies to alleviate the financial burden on households. Meanwhile, India is establishing a financial buffer for petroleum products to manage supply disruptions and price volatility. Other nations, including South Korea, China, and Australia, are also taking measures such as easing coal power generation limits, restricting fuel exports, and releasing fuel reserves to stabilize domestic supplies. The European Union is exploring temporary measures like tax cuts and state support to mitigate the impact of rising energy prices.