"The prices for gasoline and diesel must not rise more sharply than the price of crude oil. We should not rule out strong interventions such as the corporate restructuring of the industry. We will be able to act at any time and are prepared to take further measures to limit prices."
Germany faces rising gasoline and diesel prices stemming from the US-Iran conflict, prompting urgent political action. Coalition lawmakers from the SPD and CDU are demanding government intervention to protect motorists from soaring fuel costs. The SPD proposes implementing a fuel price cap to prevent prices from rising faster than crude oil costs, with willingness to pursue strong measures including corporate restructuring of the fuel industry. The CDU advocates for reducing fuel taxes to offset price increases. Meanwhile, the far-right AfD is positioned to gain in local elections in Hesse state, and the government plans to cut funding for independent asylum counseling services.
#german-fuel-prices #coalition-government-response #us-iran-conflict-impact #price-regulation-measures #german-politics
Read at www.dw.com
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