Hormuz Crisis: the Sardinia Regional Government allocates 60 million to businesses affected by high fuel prices

Sixty million euros to support businesses in difficulty due to high fuel costs linked to the crisis in the Strait of Hormuz. This is the measure adopted by the Region of Sardinia following the approval of an amendment to the 2.5-billion-euro budget bill passed by the Regional Council. This measure is expected to help offset the high costs faced by businesses, linked precisely to current international developments, until the end of the year.

“The financial scale of this amendment is extraordinary and makes it one of the key economic planning measures of this parliamentary term,” comments Giuseppe Meloni, Vice-President and Regional Councillor for the Budget and Planning. “We are making resources available to citizens, businesses, local authorities and local communities that will enable us to improve services and, at the same time, support investments capable of having an impact on Sardinia’s economic and social structure.”

The regional authorities emphasise that €60 million will be allocated to the manufacturing sector in 2026 to address the impact of high fuel prices caused by the crisis in the Middle East.

This scheme also includes financial support in the form of ‘non-repayable grants, providing partial reimbursement of costs incurred between 1 March and 31 December 2026’ to cover increases in the cost of fertilisers.

The financial support will benefit both road haulage and maritime transport operators with operational bases within the region, and agricultural businesses or companies involved in fishing and aquaculture.