Overview
- Germany’s National Security Council met on the fuel situation and, according to participant accounts, found no supply emergency while ordering a state‑secretaries crisis cell to track petrol and diesel flows in real time.
- Ministries met airlines, airports and fuel suppliers, and Economy Minister Katherina Reiche said kerosene, gasoline and diesel are currently covered, citing ongoing IEA stock releases of 2.6 million tonnes and about 1.1 million tonnes of jet fuel in national reserves.
- Lawmakers plan final votes this week on a two‑month fuel‑tax cut of roughly 17 cents per liter for May and June, alongside a separate €1,000 tax‑free relief payment that employers can grant.
- Aviation experts warn jet fuel could tighten from June or July if the Strait of Hormuz remains constrained, which would push airlines to trim schedules or raise fares during peak travel as kerosene prices have more than doubled since the Iran conflict began.
- The government also moved to act against Russian “shadow fleet” tankers and to fast‑track military building permits, while in Central Europe Hungary said it would drop a veto on a €90 billion EU loan to Ukraine once Druzhba pipeline oil flows resume, with Kyiv targeting repairs by late April.