Macron Demands Government Action to Secure Fuel Supply, Curb Price Hikes

French President Emmanuel Macron has directed his government to undertake full mobilization to ensure continuous fuel supplies and work towards price control. This directive comes amid a continuous rise in fuel prices and escalating social pressures across the country. Following a cabinet meeting, French government spokesperson Maud Bregeon announced that the utmost priority in the coming days and weeks is to secure necessary fuel supplies and quantities. To achieve this, Bregeon emphasized enhanced cooperation with other countries to provide fuel. Approximately 10% of fuel stations in France are facing difficulties in securing at least one type of fuel, with the vast majority of these stations belonging to the TotalEnergies network. Bregeon also indicated that the government is exploring the possibility of granting more flexibility in European regulatory rules, particularly those related to refineries, with the aim of easing certain restrictions imposed on the sector. The objective of this measure is to drive fuel prices down as much as possible, or at least curb the pace of their increase. Fuel prices have risen significantly since the outbreak of the war between Iran and the United States, nearing record levels not seen in four years, which has led to some fuel stations beginning to experience difficulties in providing certain types of fuel. Despite this, Bregeon affirmed that supply chains have not experienced unusual disruptions compared to their normal levels, stressing the need for strengthened government action to secure international supplies. The increase in fuel prices has coincided with escalating protests and social pressures in France, with calls for demonstrations reminiscent of the "Yellow Vests" movement emerging. Actions have included targeting oil depots; on Wednesday, approximately 100 fishermen blockaded an oil depot in Frontignan, Hérault, as part of their protests against rising fuel costs. Amid ongoing pressures on fuel prices and supplies, Bregeon stated that the government does not rule out taking additional measures, noting that the situation has become more difficult, especially in recent weeks. The spokesperson declined to specify a timeline for these potential measures, asserting that the government is closely monitoring developments and considering available options with utmost attention.