00:01Germany plans to reduce the energy tax on diesel and petrol by around 17 cents per liter for two months.
00:09The decision comes in response to high fuel prices related to the Iran war.
00:30The high fuel prices are driven by the disruption to oil shipping through the Strait of Hormuz, through which around
00:37a fifth of global oil transports pass.
00:41Merz said the government had also agreed to allow a one-off 1,000 euro relief bonus for workers, which
00:48is exempt from social security contributions and taxes.
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