Relief measures expected to be handed out in form of subsidies or waivers, with details to be announced later in the day
2-MIN READ2-MINOlga WongPublished: 10:57am, 9 Apr 2026Hong Kong is expected to introduce short-term relief measures for the transport sector that has been heavily affected by oil price fluctuations under a task force set to be established to monitor and respond to the Middle East conflict and the global energy crisis, the South China Morning Post has learned.
The news followed a meeting among senior officials on Thursday morning, during which they discussed strategies and possible measures to tackle the impacts of the energy crisis on local industries, triggered by the US-Israeli war with Iran.
“The war has not ended despite the ceasefire announcement, and the oil price is still hovering around US$100 a barrel,” a government insider said.
“Some relief measures for the transport sector, especially those relating to essential services in Hong Kong, are being considered.”
The relief measures would be handed out in the form of subsidies or waivers, with details to be announced later in the day.
“The measures will last for a short period of time, having considered the prudent use of public money,” the insider added.
