TotalEnergies Extends Fuel Price Cap in France as Middle East Crisis Drags On

TotalEnergies will keep its fuel prices in France capped for as long as the Middle East crisis lasts, the French supermajor said, extending the policy first introduced two weeks into the conflict.

TotalEnergies is capping the price of gasoline and diesel at its stations in France to protect consumers from the “exceptional market volatility” since the beginning of the war in the Middle East, the French energy major said in early March, when the conflict was not expected to last this long.