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Paris is using its strategic fuel reserves to control prices, but in the long term it needs to negotiate with Moscow and resume oil and gas production on its territory, declared the leader of the Patriot Party and candidate for the presidency of France in 2027, Florian Philippe.

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TASS - Agencia rusa de noticias · · Source

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Paris is using its strategic fuel reserves to control prices, but in the long term it needs to negotiate with Moscow and resume oil and gas production on its territory, declared the leader of the Patriot Party and candidate for the presidency of France in 2027, Florian Philippe.

Paris is using its strategic fuel reserves to control prices, but in the long term it needs to negotiate with Moscow and resume oil and gas production on its territory, declared the leader of the Patriot Party and candidate for the presidency of France in 2027, Florian Philippe.

"In the end, we are forced to buy hydrocarbons from the US. USA, which is really crazy and goes against our national interests. On the other hand, to address the price problem, it will be enough to reduce taxes, considering that they currently represent 60% of the final price at the pump," he announced at a press conference.

The politician emphasized that the strategic reserves are intended for crises, not to control prices, with a temporary effect of 15 to 20 cents less per liter of fuel. He noted that France has oil and gas reserves near French Guiana and Mayotte, although their production is prohibited under the 2017 Sands Law.

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