Government agrees with truckers on new formula to update prices amid fuel hike

Spain's Ministry of Transport has agreed with the National Road Transport Committee (CNTC) to modify the road freight price review formula, raising fuel's weight from 30% to 40% currently. The measure addresses the crisis from the Iran conflict since February 28 and adds to existing aids. The new royal decree-law will go to the Council of Ministers tomorrow.

Spain's Ministry of Transport and Sustainable Mobility, led by Óscar Puente, met today with representatives from the CNTC's Goods Department, alongside officials from Finance and Economy ministries. Both sides agreed on urgent changes amid soaring diesel prices due to the Iran war crisis that began on February 28. The sector estimates an extra cost of 600 euros per week per heavy vehicle, exceeding 450 million euros overall.

The key measure modifies the price review formula, which adjusts freight rates when diesel rises over 5%. Fuel's share in the final price will increase from 30% to 40%, linked directly to its pre-tax evolution, automatically and mandatorily under Law 15/2009. It also consolidates clarifications from a March 27 note: reference prices exclude taxes and temporary aid bonifications.

The deal mandates breaking down fuel adjustment in invoices per Royal Decree-Law 3/2022 and studying sanctions for non-compliance. Spain has notified the EU of the Royal Decree-Law 7/2026 aid scheme to exceed 'minimis' limits. Both parties will keep a permanent negotiation table open, awaiting European approvals.

These steps add to the general tax cut and the 20 cents per liter fuel aid already in place for professionals.

مقالات ذات صلة

French minister announces €70M aid to transport, fishing, and farming sectors amid fuel crisis; collage of affected workers.
صورة مولدة بواسطة الذكاء الاصطناعي

Government allocates 70 million euros to sectors hit by fuel price surge

من إعداد الذكاء الاصطناعي صورة مولدة بواسطة الذكاء الاصطناعي

The French government announced a 70 million euro support plan on Friday evening for road transporters, fishermen, and farmers hit by energy price hikes from the Middle East conflict. Valid for April and renewable monthly, it provides targeted sectoral aid without worsening the public deficit. Sector reactions are mixed.

Finance Minister Jorge Quiroz announced increases of $370 per liter in 93-octane gasoline and $580 in diesel, effective from Thursday, March 26, due to the international oil price surge from the Iran conflict. The government also activated palliative measures, including freezing Transantiago fares until year-end and subsidies for taxi drivers. Quiroz justified the moves as necessary to align local prices with international levels and safeguard public finances.

من إعداد الذكاء الاصطناعي

José Antonio Kast's government issued decrees tweaking the Mepco, allowing historic gasoline and diesel price hikes starting March 26. The move addresses surging oil prices from the Iran war and fiscal tightness, with relief for paraffin and transporters. Congress approved the bill after negotiations exempting SMEs from higher taxes.

Fuel prices in Germany have risen sharply due to the Iran war. Federal Economics Minister Katherina Reiche has announced a cartel law investigation into the price surges. Finance Minister Lars Klingbeil warns oil companies of consequences if they exploit the situation.

من إعداد الذكاء الاصطناعي

Brazil's ANP released on Thursday (2) a list of five companies that joined the first phase of the diesel subsidy program, excluding major distributors Vibra, Ipiranga, and Raízen. President Luiz Inácio Lula da Silva's government is discussing technical adjustments to attract them, as they handle half of private imports. The program aims to cushion the war in Iran's effects on fuel prices.

In response to diesel shortages triggered by Middle East conflicts including recent attacks on Iran, South Africa's Department of Mineral Resources and Petroleum has begun a comprehensive review of the fuel pricing mechanism. Reforms to industry margins are targeted for March 2027, with a temporary R3 per litre fuel levy cut providing short-term relief amid rising global oil prices.

من إعداد الذكاء الاصطناعي

The Ministry for Ecological Transition will approve two extraordinary credits worth 220 and 450 million euros to offset the 80% cut in fees for electrointensive industry and the suspension of the 7% IVPEE tax in 2026. These measures are part of the Real Decreto Ley approved by the Council of Ministers on Friday, published in the BOE on Saturday, and effective from Sunday.

 

 

 

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