Sébastien Lecornu warns that the crisis in the Middle East will have lasting effects on fuel prices and the French economy. The government is preparing new aid for sectors affected, such as agriculture, fishing, transport, and construction, while anticipating an impact on public finances and the military budget.
“Unfortunately, this geopolitics has settled in the French people’s minds and it will last.” Sébastien Lecornu issues a warning to the French people. The Prime Minister is set to present a new support plan in two days to address the economic consequences of the crisis in the Middle East.
He promises new aid for sectors most affected by the surge in fuel prices, including agriculture, fishing, transport, and construction. But behind these upcoming announcements, the government is also preparing the French for a crisis expected to endure.
The government fears a terrible economic impact
The executive now fears a broader impact on the country’s overall economic activity. “The state will not abandon any of the sectors hit by the crisis,” promises Sébastien Lecornu. Fishermen, farmers, and transporters are expected to see their aid increase, while new sectors could be affected, according to the Prime Minister.
“We will have to scale up as well, either by sector or based on obviously new sectors that could be affected. We are finalizing, if I may say so, these various announcements,” detailed Sébastien Lecornu, who is transparent about the crisis consequences.
“We must not lie to the French people, all scenarios are on the table, including the resumption of fighting,” said the Prime Minister, warning about the duration of the conflict and its effects. “Unfortunately, this geopolitics has settled in the minds of the French people and unfortunately, we see that in one form or another, it will last.”
This will have implications for public finances, in addition to fuel aid. The presence of French armed forces in the Middle East is expected to compel the executive to review its military budget for 2026.
