TotalEnergies Extends French Fuel Price Caps Through June

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TotalEnergies will continue its fuel price caps at French service stations through June due to ongoing Middle East crisis effects. The policy was first applied in March following the Iran war and aims to protect consumers from volatile international crude oil prices.

TotalEnergies will keep its fuel price caps across all its services stations in France through June amid the ongoing crisis in the Middle East, the French supermajor said on Wednesday. TotalEnergies first announced in March caps on the price of gasoline and diesel it sells at its French stations as international crude oil prices soared after the Iran war began. Since then, the company has extended the price cap policy for April and May, and is now extending it through the end of June. TotalEnergies vows to pass on to customers any declines in international…