France to allow the selling of fuel at a lower cost
The French government has announced that it will temporarily lift a ban on retailers selling road fuel below cost in an effort to stem inflationary pressures on households. The move comes as fuel prices have surged in recent months, driven by high oil prices and the war in Ukraine.
Prime Minister Elisabeth Borne said that the ban would be lifted for “several months” and that it was an “unprecedented measure” designed to “obtain tangible results for the French people, without subsidising fuel.”
The third-largest service station operator in France, TotalEnergies, made the announcement on Tuesday morning that it would be extending its €1.99 per litre fuel price restriction.
The restriction prevents fuel prices at its filling stations from exceeding €1.99 per litre; at the time of writing, the average litre price for gasoline is €1.96 and for diesel is €1.92.
The ban on selling fuel below cost has been in place since 1963 and is designed to protect retailers from predatory pricing and to ensure that consumers have access to fair prices. However, the government has argued that the ban is no longer necessary in the current context of high fuel prices.
Read Also:
Can Google Bard AI Rival Chat gpt ?
Amazon launches generative AI tool to help sellers write product description
Hacking group allegedly stole 6 terabytes of data from MGM, Caesars
EU Accuses China of Over subsidizing Electric Vehicle Production
Google is laying off hundreds in its recruitment division
China’s Apple ‘Ban’ Might Be a Payback For the US
ConocoPhillips signs a contract to deliver 15 years of LNG at Gate Terminal in the Netherlands
Oil Set to Rise for a Third Week on Tight Supply Outlook
A price ceiling is the maximum allowed amount that a seller can charge for a product or service. In general, price ceilings established by law apply to basic goods, such as food and energy products, as a rule, when the goods become affordable for the average consumer.
A price cap is essentially a form of price control. Price ceilings can be an advantage because basic goods are at least temporarily cheap. However, economists question how useful such ceilings are in the long run.
The new decision by the French government is a reaction to present reality of inflation faced globally due to the ongoing war in ukraine.
The move to allow fuel retailers to sell below cost is part of a broader package of measures that the French government has announced to help households cope with inflation. The package also includes a one-off payment to low-income households and a cap on energy prices.
It remains to be seen how effective the government’s measures will be in tackling inflation.
[{"id":15052,"link":"https:\/\/www.kwaralefro.com\/2026\/03\/ramadan-saraki-visits-mosques-supports-communities-across-kwara\/","name":"ramadan-saraki-visits-mosques-supports-communities-across-kwara","thumbnail":{"url":"https:\/\/www.kwaralefro.com\/wp-content\/uploads\/2026\/03\/649299521_25465260343153789_6151332691910781936_n.jpg","alt":""},"title":"Ramadan: Saraki Visits Mosques, Supports Communities Across Kwara","author":{"name":"Adebayo","link":"https:\/\/www.kwaralefro.com\/author\/admin\/"},"date":"Mar 7, 2026","dateGMT":"2026-03-07 10:07:39","modifiedDate":"2026-03-07 10:07:51","modifiedDateGMT":"2026-03-07 10:07:51","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/www.kwaralefro.com\/category\/kwara-news\/\" rel=\"category tag\">Kwara News<\/a>","space":"<a href=\"https:\/\/www.kwaralefro.com\/category\/kwara-news\/\" rel=\"category tag\">Kwara News<\/a>"},"taxonomies":{"post_tag":"<a href='https:\/\/www.kwaralefro.com\/tag\/bukola-saraki\/' rel='post_tag'>Bukola Saraki<\/a><a href='https:\/\/www.kwaralefro.com\/tag\/kwara\/' rel='post_tag'>Kwara<\/a><a href='https:\/\/www.kwaralefro.com\/tag\/kwara-state\/' rel='post_tag'>kwara state<\/a><a href='https:\/\/www.kwaralefro.com\/tag\/saraki\/' rel='post_tag'>Saraki<\/a>"},"readTime":{"min":2,"sec":23},"status":"publish","excerpt":""},{"id":15049,"link":"https:\/\/www.kwaralefro.com\/2026\/02\/kwara-north-pdp-hails-dr-abubakar-bukola-saraki-over-ramadan-relief-package\/","name":"kwara-north-pdp-hails-dr-abubakar-bukola-saraki-over-ramadan-relief-package","thumbnail":{"url":"https:\/\/www.kwaralefro.com\/wp-content\/uploads\/2024\/08\/IMG-20240828-WA0018.jpg","alt":""},"title":"Kwara North PDP Hails Dr. Abubakar Bukola Saraki Over Ramadan Relief Package","author":{"name":"Adebayo","link":"https:\/\/www.kwaralefro.com\/author\/admin\/"},"date":"Feb 22, 2026","dateGMT":"2026-02-22 08:36:40","modifiedDate":"2026-02-22 08:36:43","modifiedDateGMT":"2026-02-22 08:36:43","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/www.kwaralefro.com\/category\/kwara-news\/\" rel=\"category tag\">Kwara News<\/a>","space":"<a href=\"https:\/\/www.kwaralefro.com\/category\/kwara-news\/\" rel=\"category tag\">Kwara News<\/a>"},"taxonomies":{"post_tag":"<a href='https:\/\/www.kwaralefro.com\/tag\/bukola-saraki\/' rel='post_tag'>Bukola Saraki<\/a><a href='https:\/\/www.kwaralefro.com\/tag\/kwara\/' rel='post_tag'>Kwara<\/a><a href='https:\/\/www.kwaralefro.com\/tag\/kwara-state\/' rel='post_tag'>kwara state<\/a>"},"readTime":{"min":1,"sec":25},"status":"publish","excerpt":""},{"id":15046,"link":"https:\/\/www.kwaralefro.com\/2026\/02\/patigi-commends-saraki-for-ramadan-support-reaffirms-confidence-in-pdps-future\/","name":"patigi-commends-saraki-for-ramadan-support-reaffirms-confidence-in-pdps-future","thumbnail":{"url":"https:\/\/www.kwaralefro.com\/wp-content\/uploads\/2024\/12\/WhatsApp-Image-2024-12-18-at-21.28.31_6db11f1e.jpg","alt":""},"title":"Patigi Commends Saraki for Ramadan Support, Reaffirms Confidence in PDP\u2019s Future","author":{"name":"Adebayo","link":"https:\/\/www.kwaralefro.com\/author\/admin\/"},"date":"Feb 22, 2026","dateGMT":"2026-02-22 08:32:47","modifiedDate":"2026-02-22 08:32:51","modifiedDateGMT":"2026-02-22 08:32:51","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/www.kwaralefro.com\/category\/kwara-news\/\" rel=\"category tag\">Kwara News<\/a>","space":"<a href=\"https:\/\/www.kwaralefro.com\/category\/kwara-news\/\" rel=\"category tag\">Kwara News<\/a>"},"taxonomies":{"post_tag":""},"readTime":{"min":1,"sec":3},"status":"publish","excerpt":""},{"id":15044,"link":"https:\/\/www.kwaralefro.com\/2026\/02\/kwara-north-community-appreciates-saraki-for-ramadan-support\/","name":"kwara-north-community-appreciates-saraki-for-ramadan-support","thumbnail":{"url":"https:\/\/www.kwaralefro.com\/wp-content\/uploads\/2024\/08\/WhatsApp-Image-2024-08-30-at-16.31.10.jpeg","alt":""},"title":"Kwara North Community Appreciates Saraki for Ramadan Support","author":{"name":"Adebayo","link":"https:\/\/www.kwaralefro.com\/author\/admin\/"},"date":"Feb 22, 2026","dateGMT":"2026-02-22 08:29:03","modifiedDate":"2026-02-22 08:29:05","modifiedDateGMT":"2026-02-22 08:29:05","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/www.kwaralefro.com\/category\/kwara-news\/\" rel=\"category tag\">Kwara News<\/a>","space":"<a href=\"https:\/\/www.kwaralefro.com\/category\/kwara-news\/\" rel=\"category tag\">Kwara News<\/a>"},"taxonomies":{"post_tag":""},"readTime":{"min":1,"sec":0},"status":"publish","excerpt":""},{"id":15042,"link":"https:\/\/www.kwaralefro.com\/2026\/02\/ilorin-west-pdp-commends-saraki-for-ramadan-packages-distribution\/","name":"ilorin-west-pdp-commends-saraki-for-ramadan-packages-distribution","thumbnail":{"url":"https:\/\/www.kwaralefro.com\/wp-content\/uploads\/2024\/08\/WhatsApp-Image-2024-08-30-at-16.31.10.jpeg","alt":""},"title":"Ilorin West PDP Commends Saraki for Ramadan Packages Distribution","author":{"name":"Adebayo","link":"https:\/\/www.kwaralefro.com\/author\/admin\/"},"date":"Feb 22, 2026","dateGMT":"2026-02-22 08:25:51","modifiedDate":"2026-02-22 08:25:53","modifiedDateGMT":"2026-02-22 08:25:53","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/www.kwaralefro.com\/category\/kwara-news\/\" rel=\"category tag\">Kwara News<\/a>","space":"<a href=\"https:\/\/www.kwaralefro.com\/category\/kwara-news\/\" rel=\"category tag\">Kwara News<\/a>"},"taxonomies":{"post_tag":"<a href='https:\/\/www.kwaralefro.com\/tag\/kwara\/' rel='post_tag'>Kwara<\/a><a href='https:\/\/www.kwaralefro.com\/tag\/kwara-state\/' rel='post_tag'>kwara state<\/a>"},"readTime":{"min":0,"sec":59},"status":"publish","excerpt":""},{"id":15040,"link":"https:\/\/www.kwaralefro.com\/2026\/02\/ramadan-kcst-president-applauds-sarakis-strategic-support-for-youth-mobilization\/","name":"ramadan-kcst-president-applauds-sarakis-strategic-support-for-youth-mobilization","thumbnail":{"url":"https:\/\/www.kwaralefro.com\/wp-content\/uploads\/2026\/02\/WhatsApp-Image-2026-02-20-at-21.15.08.jpeg","alt":""},"title":"Ramadan: KCST President Applauds Saraki\u2019s Strategic Support for Youth Mobilization","author":{"name":"Adebayo","link":"https:\/\/www.kwaralefro.com\/author\/admin\/"},"date":"Feb 22, 2026","dateGMT":"2026-02-22 08:20:37","modifiedDate":"2026-02-22 08:20:40","modifiedDateGMT":"2026-02-22 08:20:40","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/www.kwaralefro.com\/category\/kwara-news\/\" rel=\"category tag\">Kwara News<\/a>","space":"<a href=\"https:\/\/www.kwaralefro.com\/category\/kwara-news\/\" rel=\"category tag\">Kwara News<\/a>"},"taxonomies":{"post_tag":"<a href='https:\/\/www.kwaralefro.com\/tag\/bukola-saraki\/' rel='post_tag'>Bukola Saraki<\/a><a href='https:\/\/www.kwaralefro.com\/tag\/kwara\/' rel='post_tag'>Kwara<\/a><a href='https:\/\/www.kwaralefro.com\/tag\/kwara-state\/' rel='post_tag'>kwara state<\/a>"},"readTime":{"min":1,"sec":8},"status":"publish","excerpt":""},{"id":15037,"link":"https:\/\/www.kwaralefro.com\/2026\/02\/agbaji-community-commends-saraki-for-ramadan-support-youth-employment-opportunities\/","name":"agbaji-community-commends-saraki-for-ramadan-support-youth-employment-opportunities","thumbnail":{"url":"https:\/\/www.kwaralefro.com\/wp-content\/uploads\/2026\/02\/WhatsApp-Image-2026-02-20-at-21.15.08.jpeg","alt":""},"title":"Agbaji Community Commends Saraki for Ramadan Support, Youth Employment Opportunities","author":{"name":"Adebayo","link":"https:\/\/www.kwaralefro.com\/author\/admin\/"},"date":"Feb 22, 2026","dateGMT":"2026-02-22 08:17:07","modifiedDate":"2026-02-22 08:17:09","modifiedDateGMT":"2026-02-22 08:17:09","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/www.kwaralefro.com\/category\/kwara-news\/\" rel=\"category tag\">Kwara News<\/a>","space":"<a href=\"https:\/\/www.kwaralefro.com\/category\/kwara-news\/\" rel=\"category tag\">Kwara News<\/a>"},"taxonomies":{"post_tag":"<a href='https:\/\/www.kwaralefro.com\/tag\/kwara\/' rel='post_tag'>Kwara<\/a><a href='https:\/\/www.kwaralefro.com\/tag\/kwara-state\/' rel='post_tag'>kwara state<\/a>"},"readTime":{"min":0,"sec":57},"status":"publish","excerpt":""},{"id":15034,"link":"https:\/\/www.kwaralefro.com\/2026\/02\/pdp-youth-leader-commends-distinguish-senator-abubakar-bukola-saraki-for-ramadan-support-to-youth-structures\/","name":"pdp-youth-leader-commends-distinguish-senator-abubakar-bukola-saraki-for-ramadan-support-to-youth-structures","thumbnail":{"url":"https:\/\/www.kwaralefro.com\/wp-content\/uploads\/2026\/02\/WhatsApp-Image-2026-02-20-at-20.36.32.jpeg","alt":""},"title":"PDP Youth Leader Commends Distinguish Senator Abubakar Bukola Saraki for Ramadan Support to Youth Structures","author":{"name":"Adebayo","link":"https:\/\/www.kwaralefro.com\/author\/admin\/"},"date":"Feb 22, 2026","dateGMT":"2026-02-22 08:06:35","modifiedDate":"2026-02-22 08:06:37","modifiedDateGMT":"2026-02-22 08:06:37","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/www.kwaralefro.com\/category\/kwara-news\/\" rel=\"category tag\">Kwara News<\/a>","space":"<a href=\"https:\/\/www.kwaralefro.com\/category\/kwara-news\/\" rel=\"category tag\">Kwara News<\/a>"},"taxonomies":{"post_tag":""},"readTime":{"min":1,"sec":7},"status":"publish","excerpt":""},{"id":15031,"link":"https:\/\/www.kwaralefro.com\/2026\/02\/sodex-completes-testnet-airdrop-snapshot\/","name":"sodex-completes-testnet-airdrop-snapshot","thumbnail":{"url":"https:\/\/www.kwaralefro.com\/wp-content\/uploads\/2026\/02\/image.png","alt":""},"title":"SoDEX Completes Testnet Airdrop Snapshot","author":{"name":"Adebayo","link":"https:\/\/www.kwaralefro.com\/author\/admin\/"},"date":"Feb 12, 2026","dateGMT":"2026-02-12 10:02:27","modifiedDate":"2026-02-12 10:02:30","modifiedDateGMT":"2026-02-12 10:02:30","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/www.kwaralefro.com\/category\/crypto-currencies\/\" rel=\"category tag\">Crypto Currencies<\/a>","space":"<a href=\"https:\/\/www.kwaralefro.com\/category\/crypto-currencies\/\" rel=\"category tag\">Crypto Currencies<\/a>"},"taxonomies":{"post_tag":""},"readTime":{"min":0,"sec":28},"status":"publish","excerpt":""},{"id":15027,"link":"https:\/\/www.kwaralefro.com\/2026\/02\/woro-killings-this-is-a-national-disaster-says-saraki\/","name":"woro-killings-this-is-a-national-disaster-says-saraki","thumbnail":{"url":"https:\/\/www.kwaralefro.com\/wp-content\/uploads\/2026\/02\/WhatsApp-Image-2026-02-04-at-21.19.12.jpeg","alt":""},"title":"Woro Killings: This is a National Disaster, Says Saraki","author":{"name":"Adebayo","link":"https:\/\/www.kwaralefro.com\/author\/admin\/"},"date":"Feb 4, 2026","dateGMT":"2026-02-04 20:29:17","modifiedDate":"2026-02-04 20:29:19","modifiedDateGMT":"2026-02-04 20:29:19","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/www.kwaralefro.com\/category\/kwara-news\/\" rel=\"category tag\">Kwara News<\/a>","space":"<a href=\"https:\/\/www.kwaralefro.com\/category\/kwara-news\/\" rel=\"category tag\">Kwara News<\/a>"},"taxonomies":{"post_tag":""},"readTime":{"min":2,"sec":53},"status":"publish","excerpt":""},{"id":15026,"link":"https:\/\/www.kwaralefro.com\/2026\/02\/pdp-condemns-fresh-bandit-attack-on-woro-community-urges-government-to-deploy-humanitarian-aid\/","name":"pdp-condemns-fresh-bandit-attack-on-woro-community-urges-government-to-deploy-humanitarian-aid","thumbnail":{"url":"https:\/\/www.kwaralefro.com\/wp-content\/uploads\/2026\/01\/IMG-20260118-WA0005.jpg","alt":""},"title":"PDP Condemns Fresh Bandit Attack on Woro Community, Urges Government to Deploy Humanitarian Aid","author":{"name":"Adebayo","link":"https:\/\/www.kwaralefro.com\/author\/admin\/"},"date":"Feb 4, 2026","dateGMT":"2026-02-04 20:20:11","modifiedDate":"2026-02-04 20:20:16","modifiedDateGMT":"2026-02-04 20:20:16","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/www.kwaralefro.com\/category\/kwara-news\/\" rel=\"category tag\">Kwara News<\/a>","space":"<a href=\"https:\/\/www.kwaralefro.com\/category\/kwara-news\/\" rel=\"category tag\">Kwara News<\/a>"},"taxonomies":{"post_tag":""},"readTime":{"min":2,"sec":0},"status":"publish","excerpt":""},{"id":15020,"link":"https:\/\/www.kwaralefro.com\/2026\/02\/kwaras-2026-budget-accountability-under-fire\/","name":"kwaras-2026-budget-accountability-under-fire","thumbnail":{"url":"https:\/\/www.kwaralefro.com\/wp-content\/uploads\/2026\/02\/WhatsApp-Image-2026-02-04-at-11.11.04.jpeg","alt":""},"title":"KWARA\u2019S 2026 BUDGET: Accountability under Fire","author":{"name":"Adebayo","link":"https:\/\/www.kwaralefro.com\/author\/admin\/"},"date":"Feb 4, 2026","dateGMT":"2026-02-04 19:42:43","modifiedDate":"2026-02-04 19:49:38","modifiedDateGMT":"2026-02-04 19:49:38","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/www.kwaralefro.com\/category\/opinion\/\" rel=\"category tag\">Opinion<\/a>","space":"<a href=\"https:\/\/www.kwaralefro.com\/category\/opinion\/\" rel=\"category tag\">Opinion<\/a>"},"taxonomies":{"post_tag":""},"readTime":{"min":1,"sec":31},"status":"publish","excerpt":""}] As part of his annual tradition of spending time with the people during the holy…
The Kwara North chapter of the People’s Democratic Party (PDP), under the leadership of its…
The Patigi Local Government Area chapter of the Peoples Democratic Party (PDP) in Kwara State…
Stakeholders and residents of Kwara North have expressed appreciation to former Senate President, Abubakar Bukola…
The Ilorin West Local Government Area chapter of the Peoples Democratic Party (PDP) has commended…
The President of the Kwara Central Strategy Team (KCST), Amb. Olayinka Oladimeji Slam, has expressed…