France summons key energy players to accelerate drop in gasoline prices

The French government pledged to ensure that the decrease of global oil prices is quickly reflected in the cost of gasoline in light of the announcement of a two-week ceasefire between the United States and Iran.

France's Prime Minister Sébastien Lecornu revealed on X that representatives of the country's oil refining and distribution companies will meet in the city of Bercy to coordinate their next steps, Caliber.Az reports.

La trêve de 15 jours annoncée entre les États-Unis et l’Iran pourrait rouvrir le détroit d’Ormuz. Cette avancée diplomatique a de premiers effets sur le prix du pétrole.

Quand les prix mondiaux baissent, les prix à la pompe doivent baisser, aussi vite qu'ils sont montés. Le…

— Sébastien Lecornu (@SebLecornu) April 8, 2026

"The 15-day truce announced between the United States and Iran could reopen the Strait of Hormuz. This diplomatic development is already having initial effects on oil prices," the minister noted, informing the public that ministers and state services will bring together the entire oil sector to launch a "monitoring plan". 

At the same time, Lecornu warned that "no one in France should take advantage of this crisis," referring to the private sector.

French media BFM earlier cited Olivier Gantois, the President of the French Union of Petroleum Industries (Ufip), who forecasts a price drop of 5–10 cents per liter in the coming days. According to him, a fall in prices at the gas station would come within one to two days once crude oil prices fall by about $15 per barrel, provided prices stabilize at approx. $93–95 per barrel.

Diesel fuel is currently being sold in France at an average of €2.375 per liter, which is 65 cents higher than before the launch of the US-Israeli strikes on Iran on February 28, while Gasoline SP95-E10 costs an average of €2.021 per liter, about 30 cents higher than pre-war levels. 

By Nazrin Sadigova