Australia's federal government will reduce its fuel excise discount from 50% to 16% from July 1, before ending it completely in August. The Heavy Vehicle Road User Charge will also be reinstated. This change is expected to cause a slight increase in fuel prices, despite a drop in global oil costs.
Germany's coalition parties have decided to let the 'fuel discount' expire as planned on June 30. Union and SPD faction deputies warned oil companies against significant price increases and stated they are prepared to react quickly to any price explosion, even during summer recess.
Germany's "Tankrabatt," a fuel discount costing around 1.6 billion euros, will expire at the end of the month. The ruling coalition has decided not to extend it, with no immediate replacement planned, but will monitor the situation, especially regarding the Persian Gulf.
