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France Orders 500 Fuel-Price Checks as Diesel Surges on Hormuz Disruption

The government moves to deter abusive pricing after a week of steep pump increases led by diesel.

Overview

  • Prime Minister Sébastien Lecornu announced 500 station inspections by the fraud watchdog between Monday and Wednesday to tackle suspected abusive pump prices.
  • Government data show the SP95-E10 average rose about 10 cents in a week, while diesel jumped to roughly €1.98 per liter on Friday from about €1.72 on February 27 (+26 cents, +15%).
  • Officials reiterate there is no short‑term risk of fuel or gas supply disruptions thanks to strategic reserves, even as a CSA poll finds 50% of respondents fear petrol shortages.
  • Wholesale gas prices have spiked, and the Economy Ministry says index‑linked household gas contracts are expected to see a 5–10% increase from May due to pricing lags.
  • Farmers and heating‑oil users report rapid cost increases for non‑road diesel and fuel oil, while higher fertilizer prices are prompting some to weigh reducing sowing.