Total reintroduces fuel price cap in France amid rising costs

PARIS – French energy giant Total is again capping fuel prices at its gas stations across France, responding to renewed conflict in Iran and rising global fuel costs. The company announced that gasoline will be capped at 1.99 euros per liter and diesel at 2.25 euros.

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the price for gasoline will be capped at 1.99 euros and for diesel at 2.25 euros per liter.

Total will offer diesel for 1.99 euros per liter on three weekends in August, a period typically seeing high travel volumes. This is not the first time Total has intervened; the company previously capped prices in May and June.

These actions follow calls from French Prime Minister Sébastien Lecornu, who urged energy companies to share their significant profits, driven by the energy crisis, with consumers. Total has so far successfully resisted political demands for a windfall tax on its earnings.

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We have ended relief measures, and currently see no new measures.

Meanwhile, in Germany, the government does not currently plan further relief for drivers despite surging fuel prices. A government spokesperson stated that relief measures have concluded and no new ones are anticipated, attributing price fluctuations to the situation in Iran and the Strait of Hormuz. The German government will monitor the situation but sees no immediate need for new support.

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We will have to live with that for a while.