The announcement of a 15-day ceasefire between the United States and Iran, accompanied by the reopening of the Strait of Hormuz, raises hopes of a drop in fuel prices in France.
ADVERTISING
ADVERTISING
Prime Minister Sébastien Lecornu estimated this Wednesday that the fuel prices now had to retreat.
On the social network X, the head of government insisted: “When world prices fall, prices at the pump must fall, as quickly as they rise,” ensuring that “the government will see to it.”
The tenant of Matignon also announced the upcoming holding of a meeting in Bercy with all the players in the sector, without specifying the date.
But the prices displayed at gas stations however, remain high. According to an AFP calculation, diesel, the most used fuel in France, sells on average at 2.38 euros per liter this Wednesday. This represents 65 cents more than on February 27, the day before the first Israeli-American strikes on Iran.
At the station closest to Euronews’ Lyon headquarters, diesel is sold for 2.49 euros per liter.
SP95-E10, the most consumed gasoline in the country, reaches 2.02 euros per liter on average in France, an increase of 30 cents compared to February 27.
However, professionals in the sector consider a drop in prices possible in the coming days.
Questioned on Wednesday on Franceinfo, the president of the French Union of Petroleum Industries (UFIP), Olivier Gantois, indicated that he anticipated a reduction in “5 Ã 10 centimes [par litre] in the coming days”.
“If this price ever stays around 93-95 dollars per barrel, you will see prices at the pump in France drop in the coming days,” he affirmed, emphasizing that the repercussion “will be very quick”.
This development comes after the announcement, during the night from Tuesday to Wednesday, of a ceasefire of two weeks by American President Donald Trump, one hour before the expiration of his ultimatum.
The agreement provides for the reopening of the Strait of Hormuz, a strategic crossing point for global energy supplies. Normally, around 20% of the world’s crude oil and liquefied natural gas pass through it.
The American president had previously threatened to destroy Iran, before Tehran agreed to a temporary reopening of the strait.
In France, Emmanuel Macron welcomed the announcement of the truce this Wednesday morning, while calling for its full respect “in the days and weeks to come”.
He also requested that it include Lebanonwhile Israel continues bombing the south of the country.
