The European Commission approved an Irish aid program of about 85 million euros ($98.5 million) to help agricultural producers manage sharply higher fuel costs linked to the Middle East crisis, the Commission said Wednesday.
Ireland will provide support through the scheme targeting companies engaged in primary agricultural production, with the measure designed to offset higher fuel expenses during the sector's peak consumption period from March through July 2026, the Commission said.
Fuel prices in Ireland climbed to nearly 1.30 euros per liter on March 30 from about 0.80 euros per liter on Feb. 23 and have remained near that level since, representing an increase of roughly 60%, the Commission said.
Ireland will distribute the aid through direct grants calculated using companies' fuel consumption volumes in 2025, while eligible recipients may receive as much as 0.20 euro per liter purchased during the five-month support period.
The Commission approved the scheme under the Middle East Crisis Temporary State Aid Framework, or METSAF, adopted on April 29, 2026, after reviewing the measure under European Union State aid rules and determining it met the framework's requirements.
The Commission said the scheme contains a defined budget and provides temporary assistance that is necessary, proportionate and appropriate to support agricultural production without distorting competition or trade to a degree that would conflict with the common interest.