Tuesday, 02 January 2024 12:17 GMT

Fuel-Price Protests Widen As Oil Stays Above $100 Arabian Post


(MENAFN- The Arabian Post) clearfix">Protests over surging fuel costs widened across several countries on Wednesday as crude oil remained above $100 a barrel, pushing diesel and petrol prices higher and forcing governments to confront growing public anger over the economic fallout from the Middle East conflict.

French fishermen blocked the Frontignan fuel depot near Sète, a day after a similar action at Fos-sur-Mer near Marseille, demanding relief from fuel costs and deteriorating operating conditions. Police intervened at Frontignan, while official data showed about 9 per cent of French filling stations reporting shortages of at least one fuel, with higher rates in parts of Pays de la Loire and Occitanie.

France's average price for unleaded 95-E10 had climbed to almost €2.11 a litre by the start of the week, while diesel averaged about €2.29, according to government figures. The increases have been driven by a sharp rise in international crude and refined-product prices as conflict disrupts supply routes through the Gulf and Red Sea.

MENAFN16092026000152002308ID1111676777



The Arabian Post

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.



More Story