(FILES) A drop of petrol falls from the nozzle of a petrol pump at a petrol station in Vélizy-Villacoublay, near Paris, on March 9, 2026, as Oil prices soared peaking just short of $120 a barrel as the US-Israeli war against Iran continued into a second week, with Tehran launching fresh retaliatory strikes in the Gulf. France's Transport Minister announced on May 21, 2026 during a government press conference on the economic consequences of the war in the Middle East, that fuel subsidies for the road transport sector will be extended for a further three months from June 2026. (Photo by Alain JOCARD / AFP via Getty Images)