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TotalEnergies to Maintain Price Cap in France for Duration of Middle East Crisis

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French energy major TotalEnergies (TTE) on Wednesday said it will continue with its fuel price-capping initiative across all its 3,300 service stations in the country for the entire duration of the Middle East crisis.

For June, the company will cap petrol prices at 1.99 euros per litre and diesel at 2.25 euros, it said in a statement.

"In the event of favorable developments in international prices, the company undertakes to pass on without delay any downward fluctuations in diesel and gasoline prices," it added.

For the company's electricity and gas customers in France, who have registered for the "fuel advantage" initiative, prices will be capped at 1.99 euros a litre throughout 2026 irrespective of the fuel type, the company said.

About 825,000 customers have applied for the benefit so far, the statement said.

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