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Germany's third fuel relief package faces Strait of Hormuz uncertainty

Struggling drivers and businesses may get more support—if geopolitics don't derail it. The Strait of Hormuz crisis still dictates fuel costs and timing.

The image shows a graph on a white background with text that reads "fuel prices in the United...
The image shows a graph on a white background with text that reads "fuel prices in the United States". The graph is composed of two lines, one in blue and one in green, that represent the prices of fuel in each state. The blue line is steadily increasing, indicating a decrease in fuel prices over time. The green line is slightly higher than the blue line, indicating an increase in prices. The text is written in a bold font and is centered on the graph.

Germany's third fuel relief package faces Strait of Hormuz uncertainty

Facing persistently high oil and fuel prices, the CDU/CSU parliamentary group in the Bundestag has signaled plans for a third so-called "relief package" for motorists.

In an interview with Bild for its Tuesday edition, deputy faction leader Sepp Müller (CDU) stated: "If the blockade of the Strait of Hormuz continues, we should introduce a third relief package. The focus would then be on more targeted support for small and medium-sized businesses, logistics firms, and commuters. As a task force, we aim to present concrete measures."

Citing "coalition sources," the newspaper reports that discussions are currently underway on targeted aid for low- and middle-income earners, as well as an increased commuter allowance starting in July. However, Müller cautioned against excessive expectations. "We must also be honest: Price normalization will take months. Permanent subsidies funded by taxpayers are difficult to sustain."

The federal government and Bundestag had already approved a first relief package for motorists on April 1 and a second on May 1.

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