Sweden’s government will cut fuel taxes and hike electricity subsidies in its spring mini-budget, it said, as it strives to ease the pain for households of higher energy bills driven by the war in Iran, reports Reuters.

The extra spending, coming ahead of a parliamentary election in September, will total around 7.7 billion Swedish crowns ($825.22 million) and comes on top of a bumper 80 billion in new spending already announced in September last year in the full-year budget bill for 2026.