Neither the state nor the oil multinationals should profit from the war in Iran. That was the simple idea behind the fuel price brake in Austria, which was initially introduced into law in the National Council at the end of March and was implemented by ordinance on April 1st. The state passed on the higher tax revenue from the increased crude oil prices in the form of a reduction in mineral oil tax, and the companies had to implement a margin limit: their extra profits from the crisis were to be limited in this way. At the end of April, the fuel price brake was extended again until May – but now it’s over. It will not be continued in its current form.
