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Government May Intervene in French Refinery Strikes

REFINING

The French government is at the ready to intervene with refinery strikes that have persisted for weeks and are denting oil product availability in the country.

  • French Prime Minister Elizabeth Borne held a crisis meeting late on Monday to deal with the shortage issues.
  • "We leave open the possibility to intervene," government spokesperson Olivier Veran told RTL radio.
  • Authorities announced earlier in the week that over 30% of French fuel stations faced shortages of products.
  • The French government has been forced to tap into strategic reserves to tackle shortages.

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