Cuban economic crisis reverberates in Santiago de Cuba as power cuts and shortages reshape daily life Power cuts and shortages in Santiago de Cuba push residents into barter, remittances and …
fuel
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Politics
UK eases sanctions to allow imports of Russian-refined jet fuel and diesel
by Hans Ottoby Hans OttoBritain eases sanctions on Russian oil by allowing imports of refined fuels Britain eases sanctions on Russian oil by permitting imports of jet fuel and diesel refined from Russian crude …
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Business
Germany’s 12‑O’Clock Fuel Price Rule Breached by Nearly 3,000 Stations
by Leo Müllerby Leo MüllerThousands of German Stations Break 12 O’Clock Price Rule Since April 1 Rollout Nearly 3,000 German petrol stations breached the 12 o’clock price rule from April 1 to May 11, …
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Politics
Fuel discount unlikely to continue, SPD’s Miersch urges structural reform
by Hans Ottoby Hans OttoSPD’s Miersch casts doubt on long-term Tankrabatt, urges targeted relief and tax reform Germany’s SPD leader Matthias Miersch questions extending the temporary Tankrabatt, saying blanket fuel rebates are unsustainable and …
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Business
PCK Schwedt refinery continues producing fuel and chemicals after Rosneft split
by Leo Müllerby Leo MüllerPCK refinery in Schwedt draws political focus as Katherina Reiche praises staff resilience Germany’s PCK refinery in Schwedt, once owned by Rosneft, is operating under new arrangements after the 2022 …
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Business
Germany’s 12 o’clock rule fails to lower fuel prices, study finds
by Leo Müllerby Leo MüllerGermany’s tank rebate and 12‑o’clock rule partly cut pump prices but lifted oil-company margins, studies say Germany’s tank rebate and 12‑o’clock rule partly lowered pump prices but lifted oil producers’ …
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Business
German travel industry slumps as Iran war and fuel costs dent bookings
by Leo Müllerby Leo MüllerIran war dents German travel industry confidence as ifo index falls to -43.5 Germany’s travel industry faces growing uncertainty as the Iran war weighs on bookings and fuel costs, pushing …
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Business
German fuel tax cut largely passed to motorists, Monopolkommission finds
by Leo Müllerby Leo MüllerGerman tankrabatt largely passed to motorists, analysis shows Monopolkommission finds most of the German tankrabatt passed to motorists, but early days saw incomplete pass-through and signs of wholesale price increases. …
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Business
Fuel prices leave Germany on edge as taskforce considers further aid
by Leo Müllerby Leo MüllerFuel prices in Germany remain above €2 despite 17-cent tankrabatt as pressure mounts on coalition Fuel prices in Germany continue to exceed €2 per litre in many areas despite a …
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Business
German manufacturers cut hundreds of jobs as fuel prices fall
by Leo Müllerby Leo MüllerGerman industrial job cuts headline companies as fuel prices ease and rail demand rises German industrial job cuts headline the latest business shake-up as manufacturers announce hundreds of layoffs, fuel …