*Walter Bloomberg|Mar 26, 2026 15:22
GERMANY LIMITS FUEL PRICE HIKES AMID IRAN WAR SPURT
Germany will cap petrol stations to one daily price increase starting in April, though price cuts can happen anytime. Violations could incur fines up to €100,000. The measure, backed by major parties, also tightens antitrust rules to boost pricing transparency.
Diesel has jumped from €1.75 to over €2 per litre, pushing inflation expectations toward 3%. Lawmakers are considering additional relief, including higher commuter allowances, lower road tolls, reduced VAT on fuel, and a possible windfall tax on energy companies.
Rising fuel costs are hitting businesses hard: diesel accounts for 30% of haulage costs, forcing companies to raise freight rates 8–10%, threatening margins and survival for some firms.(*Walter Bloomberg)
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