"Fuel at all TotalEnergies stations in mainland France, including on motorway service stations and in rural areas will be limited to 1.99 per litre for petrol and 2.09 per litre for diesel from Friday, March 13th, until the end of the month."
"The outbreak of war in the Middle East and the paralysis of traffic in the Strait of Hormuz, have driven up oil and fuel prices. The group said in a press release it has been monitoring the highly volatile situation on the oil markets since the start of the conflict in the Persian Gulf, which has led to significant tensions on the global diesel markets, of which France is a major importer."
"In February, the company had promised a cap of 1.99 per litre on the price of diesel and petrol for the entire year of 2026, in line with a system it had implemented in 2023, amidst soaring prices linked to the war in Ukraine."
Following government meetings, France's largest oil company TotalEnergies announced a price cap on fuel at its service stations across mainland France through the end of March. The cap sets petrol at 1.99 euros per liter and diesel at 2.09 euros per liter, effective March 13th. This measure responds to escalating global oil prices triggered by the US-Israeli conflict in the Middle East and disruptions in the Strait of Hormuz. The announcement follows similar price reduction initiatives by supermarket chain Leclerc. Notably, diesel prices face a 10-cent increase compared to TotalEnergies' earlier 2026 pledge, reflecting heightened tensions in global diesel markets where France is a major importer.
Read at www.thelocal.fr
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