French energy giant TotalEnergies has announced that it will continue limiting fuel prices at its service stations across France through June as tensions in the Middle East keep global energy markets under pressure.

The company said motorists will continue paying no more than €1.99 per litre for gasoline and €2.25 per litre for diesel at its French filling stations. The measure was first introduced in March following sharp increases in oil prices linked to the ongoing conflict involving Iran.

French Finance Minister Roland Lescure welcomed the extension, saying the move would help ease pressure on consumers facing high transport and living costs. However, he added that the government is still considering the possibility of introducing a special tax on the excess profits earned by energy companies during the crisis.

Calls for additional taxes on major oil firms have grown louder among opposition lawmakers since the conflict escalated earlier this year.

Some politicians argue that energy companies have benefited significantly from rising fuel prices while households continue to struggle with inflation.

Earlier this month, TotalEnergies Chief Executive Officer warned that the company could reconsider the fuel cap policy if a windfall tax is imposed.
Oil prices have remained volatile in recent months as geopolitical tensions continue to disrupt global energy supply concerns.