the federal government plans a rise of “a few cents” in gasoline costs however will intensify controls at service stations | EUROtoday

On the fifth day of the battle within the Middle East, which has raised fears of oil provide issues, the French authorities is attempting to reassure. Checks will happen to make sure that gasoline worth will increase are “reasonable given the rise in the price of a barrel” oil, “which is also relatively reasonable today”mentioned Wednesday, March 4, the Minister of the Economy, Roland Lescure.

“I asked the DGCCRF [direction générale de la concurrence, de la consommation et de la répression des fraudes] to carry out checks (…)to be on the ground, to take measurements and to actually ensure that we are on price increases, I would say, reasonable given the increase in the price of a barrel”declared the minister on Franceinfo.

Earlier within the day, the Minister for Energy and authorities spokesperson, Maud Bregeon, mentioned she anticipated “an increase of a few cents” gasoline costs on the pump as a result of warfare within the Middle East, whereas reassuring about shares, Wednesday on BFM-TV/RMC.

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“In the short term, we can expect an increase of a few cents, contained and limited”mentioned M.^me Bregeon, specifying that “for the future it will depend on the intensity of the conflict”. But there isn’t a “no risk of supply disruption” in fuels as a consequence of “stocks” and diversified imports, she assured.

Maud Bregeon clarified that there was a “great unpredictability on the extent of the conflict in time and space” and that he was “much too early to draw definitive conclusions”. Asked about the opportunity of measures to be taken to compensate for a marked enhance, she replied that it was “much too early to talk about this” and that the precedence was to work on reopening the Strait of Hormuz.