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German government slashes fuel taxes by 17 cents starting May 1, 2026

Experts warn of price rebound as holiday season begins

The German government plans to cut fuel taxes by 17 cents per liter starting May 1, 2026, to counter rising gasoline and diesel prices driven by the Iran conflict. Finance Minister Lars Klingbeil and Chancellor Friedrich Merz announced the temporary relief after talks between CDU, CSU and SPD leaders, citing the need to support commuters … Weiterlesen …