Germany Cuts Fuel Tax €0.17/L, Must Pass

German Finance Minister Lars Klingbeil announced a temporary €0.17 per litre cut in diesel and petrol taxes, saving €1.6 billion.
The tax cut takes effect immediately and stays in force for May and June, cushioning the Iran‑war‑driven energy price shock.
Klingbeil urged oil companies to pass the full benefit to consumers, emphasizing their responsibility amid Germany’s struggling post‑pandemic export‑driven economy.
The announcement comes as the SPD suffered a March state‑election loss, while the governing coalition faces rising AfD support.