Friday, November 6, 2026Moscow
Economy

How record prices for diesel and gasoline affect Europe

French President Emmanuel Macron called French fuel prices “unbearable” on social network X. On September 18, he gathered representatives of key political parties to discuss the situation in the fuel market. German Finance Minister Lars Klingbail, at a meeting of EU finance ministers in Dublin on September 18, called on the European Commission (EC) to propose possible ways to tax "excessive profits" of oil companies. Commissioner Valdis Dombrovskis said the commission had no plans for pan-European taxation but was "ready to discuss" and EU members could impose their own taxes.

Published
How record prices for diesel and gasoline affect Europe

French President Emmanuel Macron called French fuel prices “unbearable” on social network X. On September 18, he gathered representatives of key political parties to discuss the situation in the fuel market. German Finance Minister Lars Klingbail, at a meeting of EU finance ministers in Dublin on September 18, called on the European Commission (EC) to propose possible ways to tax "excessive profits" of oil companies. Commissioner Valdis Dombrovskis said the commission had no plans for pan-European taxation but was "ready to discuss" and EU members could impose their own taxes.

Source: Ведомости ↗

Share

More on This Story

EconomyThe Ministry of Finance from October 7 will increase the purchase of currency and gold five times

The Ministry of Finance of Russia from October 7 to November 6 intends to buy foreign currency and gold under the budget rule for 279.42 billion rubles. This is five times more than the volume planned a month earlier (55.6 billion rubles).

Коммерсантъ
EconomyThe FT learned how the growing debt burden prevents China from stimulating the economy

China’s debt service will cost 19.2 percent of total government this year, according to a study by the Conference Board

Григорий Лебедев
The head of JPMorgan said that the Russian army could reach Paris if desired
EconomyThe head of JPMorgan said that the Russian army could reach Paris if desired

Dimon said that EU countries cannot afford full-fledged armies and the Russian Armed Forces could reach Paris if desired. The US should support the EU and make more deals with it to avoid fragmentation

Григорий Лебедев
The EIA Briefing

Keep reading, every morning.

The stories that matter, chosen by our editors and in your inbox before 7 a.m. — every weekday.

No spam. Unsubscribe anytime.