German government rolls out 17-cent per litre fuel discount and price cap

After a recent electoral setback in Saxony-Anhalt, policymakers unveiled a new fuel relief package. It combines a 17 cent discount per litre with a price-cap mechanism modeled on Luxembourg's system. Officials argue the measures will offset the shock of rising oil costs, though critics doubt their effectiveness. The initiative follows earlier comments that a $100 barrel price could not be fully subsidised for German consumers.