News Summary

• The Nordic country’s government is looking at ways to soften the economic blow of higher fuel prices on households.
• “We cannot rule out state rationing, but we are not there yet,” Prime Minister Ulf Kristersson said.
• The warning comes as Europe braces for higher prices and reduced supplies of diesel, gasoline and jet fuel.
• Earlier this week, the German airline Lufthansa said it would cancel 20,000 short-haul flights from its European summer schedule to save on fuel.