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Total announced a cap of 1.99 euros per litre for unleaded petrol and adjusted.
About 18% of French petrol stations are experiencing fuel shortages amid rising pump prices.
KEY POINTS
- TotalEnergies' price cap at 1.99 euros per litre caused a surge in demand at its stations.
- The French government attributes shortages to logistical issues, not directly to the Middle East conflict.
- France has allocated over 70 million euros in subsidies for transport, farming, and fishing sectors.
COMPANIES
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