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France Launches Emergency Loan Scheme To Battle Fuel Price Rise Triggered Due To War | US-Iran War
Posted
April 4, 2026
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3:18Now PlayingFrance said Friday it was launching an emergency loan programme to help small and medium-sized businesses exposed to soaring fuel prices driven by the war in the Middle East.
The economy ministry said firms in the transportation, agriculture and fisheries industries would be eligible for the “flash fuel loans” of up to 50,000 euros ($57,600). The programme fulfils a pledge made last week by Prime Minister Sebastien Lecornu, whose government, like many worldwide, is seeking to contain the economic pain caused by the war’s impact on fuel prices.
Separately, French Economy Minister Roland Lescure said he had written to the European Commission to ask it to investigate whether the continent’s refineries were taking advantage of the war to commit “abuses” in setting fuel prices.
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