The shocking report: "The war in Iran could cost Sardinia a billion."

One billion euros. This is the monstrous figure that, according to the Confindustria research center, could be reached in Sardinia's price increases due to the war in Iran.

The conflict sparked by the attack by Israel and the United States risks resulting in a new and serious energy shock for the island, with direct effects on the costs borne by families and businesses "and with significant repercussions on the competitiveness of the regional production system."

The report, titled “Iran Conflict and Energy Price Rises: An Assessment of the Potential Impact for Sardinia,” was published today.

The analysis examines two main channels of transmission of the shock: on the one hand, electricity, the price of which is affected by the trend in natural gas , and on the other, land transport fuels, influenced by Brent prices.

Based on consumption in recent years, potential increases in energy costs are calculated under three different scenarios, based on slight, moderate, and severe increases in international gas and oil prices, respectively.

According to the report, even in a scenario of relatively mild increases, the increased annual energy costs for Sardinia would still be approximately €270 million per year. In the second scenario, with moderate increases, the increase would rise to approximately €631 million.