Austria has decided to extend the fuel price brake, which reduces the mineral oil tax by 1.9 cents per liter until the end of August. The margin cap remains suspended, according to a statement from the Ministry of Economy. Gas stations are still required to pass on price reductions from international market prices to consumers. According to evaluations by E-Control, the fuel price brake is effective, with price decreases at international markets being passed on more strongly than required to drivers. SPÖ State Secretary Michaela Schmidt calls the measure an important instrument against inflation, stating further measures could be taken if the situation worsens, including legally limiting profit margins. Neos State Secretary Sepp Schellhorn emphasizes that temporary crisis instruments cannot create stable prices permanently and advocates for increased competition, faster approvals, and expanding domestic energy production.
Bias read (Center): The article presents multiple perspectives from different political parties regarding the extension of the fuel price brake. It includes quotes from officials across various political factions, providing balanced views on the policy's effectiveness and potential future actions. There is no evident倾向




