How European governments are trying to ease the fuel price shock

AI Summary

European countries including France, Germany, and Spain are implementing tax cuts, subsidies, and regulatory adjustments to alleviate the impact of record-high petrol and diesel prices. The efforts seek to protect consumers amid ongoing challenges including potential US export restrictions on diesel.

European governments are cutting fuel taxes, offering subsidies and adjusting energy rules to ease the impact of record petrol and diesel prices. France, Germany and Spain are among those expanding support, while the EU faces the added risk of possible US restrictions on diesel exports.