Germany Launches Fuel Subsidy To Soften Impact Of Middle East Energy Shock
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German motorists began paying less to fill their cars Thursday as fuel subsidies aimed at softening the impact of the Middle East war energy shock came into force.Prices of petrol dropped by around 14 cents on average, to 2.06 euros a litre (equivalent to $8.85 per US gallon), and diesel prices by 15 cents, to 2.20 euros a litre, according to the automobile association ADAC.As in many other countries, Europe’s biggest economy has seen prices at the pump surge as the US war against Iran dra
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