Germany lowers fuel tax as prices rise amid Middle East tensions

1 min read
Source: politico.eu
Germany lowers fuel tax as prices rise amid Middle East tensions
Photo: politico.eu
TL;DR

Germany announced a €2.5 billion relief package cutting petrol and diesel taxes by 17 cents per liter and planning a temporary fuel price cap, while pressing for an EU-wide windfall tax on oil companies as Middle East conflicts push prices higher.

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