"The American and Israeli strikes launched in Iran over the weekend have had the effect of severely blocking the Strait of Hormuz, through which around 20 percent of the world's supplies of oil and Liquified Natural Gas pass."
"In the short term, we can expect a rise of a few cents, which will be contained and limited, what happens next will depend on the intensity of the conflict. But there is no risk of a supply shortage of fuel due to stocks and France's diversified imports."
"Overall, supermarkets almost always come out as the cheapest places to buy petrol or diesel, often selling it with only a tiny profit margin in order to lure in shoppers. Supermarkets also compete with each other on fuel prices and hold regular special offers."
Recent military strikes on Iran have severely blocked the Strait of Hormuz, a critical passage for approximately 20% of the world's oil and liquified natural gas supplies. The French government spokesperson stated that fuel price increases would be contained and limited to a few cents, with the extent depending on conflict intensity. Officials emphasized no supply shortage risk due to existing stocks and France's diversified import sources. However, motorists are already experiencing price increases at filling stations, with some reporting rises of 20 cents per litre. Supermarkets typically offer the cheapest fuel through competitive pricing and special offers, while autoroute filling stations charge premium prices.
Read at The Local France
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