Mar 5 • 09:07 UTC 🇫🇷 France Le Figaro

War in Iran: the State is 'the big winner' of the rise in gasoline prices, says the CEO of Cooperative U

Dominique Schelcher, CEO of Cooperative U, claims that the French government benefits significantly from the rise in gasoline prices resulting from the war in the Middle East.

Dominique Schelcher, the CEO of Cooperative U, expressed his views regarding the impact of the ongoing war in Iran on fuel prices. He stated that the French State is the 'big winner' from the increase in gasoline prices, attributing over 51% of the pump price directly to government taxes rather than distributor margins. This statement highlights the fiscal implications of rising oil prices, especially considering the geopolitical tensions in the Middle East.

Schelcher's comments are particularly relevant in the wake of recent events, including Israeli-American military actions in Iran that have contributed to elevated fuel prices. As prices at the pump for SP-95/E10 have surged to an average of €1.78 per liter, many consumers are increasingly feeling the financial strain of these costs. The CEO's remarks shed light on the composition of fuel pricing and how state taxation plays a crucial role in the overall cost borne by consumers.

These observations raise significant questions about governmental revenue streams during periods of crisis and how these funds are allocated. With the economy being directly impacted by global events, such discussions are vital for understanding the interplay between international conflicts and domestic economic policies. Schelcher's argument emphasizes the need for transparency in fuel pricing and the implications of state tax policies on everyday citizens, particularly in times of crisis.

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