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Gulf to Provide France 295K Tons Fuel Monthly
Gulf countries, including the United Arab Emirates and Bahrain, have committed to supplying France with approximately 295,000 tons of diesel per month, representing over 10% of its fuel consumption to help alleviate pressure from rising fuel prices. This comes as part of French President Emmanuel Macron's tour of the region, during which he discussed with Gulf leaders ways to secure maritime routes and reduce shipping costs through the Strait, aiming to support fuel supplies to France and lower fuel prices in the local market. Despite these commitments, experts have noted that regional instability could limit the impact of these agreements on price increases.
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