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Radio France Internationale
Radio France Internationale
National
RFI

Petrol stations reject French government plan to cap profit margins on fuel

French consumers have seen the price of petrol has go up by around 15 percent and diesel surge by 34 percent amid the Middle East crisis. © Benoit Tessier/Reuters

Fuel distributors in France are strongly opposed to a government decree that aims to cap their profit margins as the war in the Middle East continues to drive up prices. Leading retailers warn the measure is hasty and unlikely to bring consumers much relief.

The draft decree, announced on Tuesday evening, is intended partly to avoid distributors reaping a windfall by capping their margins on petrol and diesel.

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