World & BusinessAustria to strengthen petrol price 'brake' and reinstate retailer margin cap
Reuters reports the planned measures aim to cushion consumers from higher oil prices caused by the Middle East conflict. The cap on retailers' margins was scrapped in June.
TLDR
Austria's government said on September 23, 2026, that it would strengthen its petrol price “brake,” Reuters reports. The plan includes reinstating a cap on retailers' margins that was scrapped in June, with the aim of easing the impact of higher oil prices on consumers.
Austria to strengthen petrol price 'brake' and reinstate retailer margin cap
Reuters reports the planned measures aim to cushion consumers from higher oil prices caused by the Middle East conflict. The cap on retailers' margins was scrapped in June.
TLDR
Austria's government said on September 23, 2026, that it would strengthen its petrol price “brake,” Reuters reports. The plan includes reinstating a cap on retailers' margins that was scrapped in June, with the aim of easing the impact of higher oil prices on consumers.