Faced with supply pressures linked to the ongoing war with Iran and the blockade of the Strait of Hormuz, the French government has authorized the temporary sale of oil that does not fully meet standard specifications.

The measure published in the “Official Gazette” raises the filter’s cold blockage point from minus 15 degrees Celsius to 0 degrees Celsius, meaning the fuel can become unusable at temperatures below zero.

According to the decree, drivers are held responsible for any engine or filter problems while distributors must inform customers of the change. Other technical standards, including cetane index, sulfur content and fuel purity, remain unchanged.

The decision comes at a time of a sharp rise in oil prices, which rose from around 1.7 euros per liter at the end of February to close to 2.2 euros at the end of March, an increase of almost 30 percent in less than a month.

Regional escalation in the East of The standoff has been ongoing since February 28, when the US and Israel launched a joint offensive against Iran, killing more than 1,340 people so far, including then-supreme leader Ali Khamenei.

Iran has retaliated with repeated drone and missile attacks on Israel and Gulf countries that host US military capabilities.

The Strait of Hormuz has been significantly restricted since its inception. March. About 20 million barrels of oil typically pass through it every day, and its disruption has increased transportation costs and pushed up global oil prices.

We use cookies to improve the experience and display ads (Google AdSense).
By clicking “Accept”, you agree to the use of cookies according to
Privacy Policy
and
Cookies Policy.
You can reject non-necessary cookies by clicking “Reject”.

Source: prizrenpost