The German government is reportedly planning to reduce the energy tax on gasoline by €0.14 per liter.

According to Bild on Friday, the German government plans to cut the energy tax on gasoline by 0.14 euros (approximately $0.16) per liter. In addition, Berlin is reportedly drafting a gasoline price cap linked to oil prices. The government's plan still needs to be discussed with the governors of Germany's federal states. Two sources familiar with the negotiations said that discussions are ongoing, and the funding issue remains unresolved.