The deputy parliamentary group leader of the Union, Sepp Müller, is in favor of further relief measures persistently high gasoline and oil prices pronounced. “If the blockade of the Strait of Hormuz continues, we should introduce a third relief package,” said Müller Picture-Newspaper. This should be about more targeted help for medium-sized businesses, logistics and commuters.
“As a task force, we want to present concrete measures for this,” announced the CDU politician, who, together with SPD MP Armand Zorn, headed the working group
Bundestag on the effects of the Iran War on prices in Germany. Targeted help for low and middle earners as well as a higher commuter allowance from July are currently being discussed, reported Picture-Newspaper citing government circles.
Fuel prices are likely to remain high for the time being
However, the deputy group leader dampened expectations: “The truth is that price normalization will take months. Permanent subsidies from tax revenues are difficult,” said Müller Picture-Newspaper.
Since the Iran War began at the end of February The Strait of Hormuz is largely closed. The Iranian military repeatedly attacks ships attempting to transit. Meanwhile, the US is blocking Iranian ports. Around a fifth of the world’s oil and liquid gas is transported through the waterway. Iran also attacked oil facilities in several countries in the Gulf region. As a result, they increased Oil prices
worldwide to more than 100 US dollars per barrel.
Federal Government and the Bundestag had decided on the first relief package on April 1st the so-called twelve o’clock rule for price setting at the gas stations included. A second package includes cutting taxes on fuel – known as the fuel rebate – from May 1st.