Politics ❯ Government Policy

Economic Measures

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South Korea Lowers Fuel Price Caps as Oil Market Calms

A cut to maximum fuel prices keeps the cap system in place to ease household costs following a rise in tanker traffic through the Strait of Hormuz.

Argentina Authorizes Up to 400 Billion Pesos in Advance Payments to Three Provinces

ANP Suspends GLP Reform to Redirect Staff Toward Fuel Price Oversight

Spain Approves Verano Joven 2026 With Discounts Up to 90% for Young Travellers

Government Rebalances Levies and Leaves Pump Relief Limited

Brazil Creates R$1.12/L Diesel Subsidy and Extends Fuel Tax Breaks

Brazil Freezes R$23.7 Billion in Budget to Cover Soaring Social Benefits

UK Publishes 125-Item List for Possible Tariff Cuts on Food and Groceries

TotalEnergies Extends Voluntary Fuel Price Cap Across Its French Network for June

Maruti Suzuki Orders WFH and Travel Limits to Cut Fuel Use

Argentina Authorizes $580 Billion-Peso Rescue for PAMI

UK Retail Sales Fall Sharply as Fuel Purchases Collapse

Petrobras Approves Joining Federal Fuel Subsidy as Importers Warn of Unpaid Diesel Reimbursements

Fuel Price Surge Sees More London Drivers Turn to Bikes, Survey Finds

Brazil Says Fuel Price Relief Is Fiscally Neutral as Oil Revenues Climb

Italy Extends Fuel Excise Cut to May 22

Islamabad Sets 8 PM Shop, 10 PM Dining Closures Under Energy-Saving Order

Buenos Aires Lifts VTV Fees and Provincial Traffic Fines as Fuel-Linked Index Jumps

Ottawa Tables Bill to Launch Financial Crimes Agency With $353 Million Start-Up Plan

France Signals Automatic 2% Minimum-Wage Rise on June 1 if Inflation Data Are Confirmed