“The effects of the Iran war will be felt for months to come”

The high prices had triggered a major discussion about government intervention and calls for a fuel price cap. OMV itself operates gas stations in Austria and Central and Eastern Europe. Do you have no understanding for the measures being discussed and for the harsh criticism of fuel prices?
I have no understanding of discussions about fuel price caps. That doesn’t fit into a market economy. High prices are a signal to consumers that a product should be used sparingly and a signal to companies to invest more in production capacity. The prices are not set in the refineries, but on the international markets. There is currently not enough fuel on the world market – and the price is the mechanism that organizes distribution. Either Europe faces this reality or we accept certain supply gaps.