Overview
- Average prices for the most‑consumed fuels in France climbed back to or above €2 per litre on Monday, with SP95‑E10 at about €2.00 and diesel around €2.10 according to government‑based averages.
- Traders raised crude valuations after renewed US strikes on Iran and reported incidents near the Strait of Hormuz, sending Brent toward $88–$90 a barrel and feeding faster pass‑through to pump prices.
- A separate supply shock hit markets when Russia on July 8 announced a ban on diesel exports to address domestic shortages, tightening available product and amplifying price pressure in Europe.
- The government has left targeted aid in place for low‑income households, heavy users and exposed sectors until the end of August and Energy Minister Maud Bregeon said officials will reassess the measures then.
- Some fuel operators are using localized caps to limit pain for motorists, but those measures are uneven by site and many drivers report cutting or shortening holiday travel plans to cope with higher fuel bills.