Workers stand on top of an oil tanker parked near an oil storage terminal in Karachi on March 12, 2026 as global energy markets face disruptions amid ongoing conflict in the Middle East. Tanker drivers in Pakistan said they were facing long waits at depots due to a shortage of fuel, as the government played down fears of another rise in prices. (Photo by Rizwan TABASSUM / AFP via Getty Images)

France's Government Spokesperson Maud Bregeon (R) leaves after an intergovernmental meeting with fuel distributors at the French Economy and Finance Ministry in Paris on March 12, 2026. In response to soaring prices at the pump linked to the war in the Middle East, France's Prime minister requested yesterday proposals to protect consumers, while some retailers are already anticipating sharp price drops as early as this week. (Photo by Thomas SAMSON / AFP via Getty Images)

France's Trade Minister Serge Papin (C-L) and chief of staff to Serge Papin Francois Bolard (C-R) leave after an intergovernmental meeting with fuel distributors at the French Economy and Finance Ministry in Paris on March 12, 2026. In response to soaring prices at the pump linked to the war in the Middle East, France's Prime minister requested yesterday proposals to protect consumers, while some retailers are already anticipating sharp price drops as early as this week. (Photo by Thomas SAMSON / AFP via Getty Images)

President of Mobilians union Francis Pousse speaks to the press after an intergovernmental meeting with fuel distributors at the French Economy and Finance Ministry in Paris on March 12, 2026. In response to soaring prices at the pump linked to the war in the Middle East, France's Prime minister requested yesterday proposals to protect consumers, while some retailers are already anticipating sharp price drops as early as this week. (Photo by Thomas SAMSON / AFP via Getty Images)

President of Mobilians union Francis Pousse speaks to the press after an intergovernmental meeting with fuel distributors at the French Economy and Finance Ministry in Paris on March 12, 2026. In response to soaring prices at the pump linked to the war in the Middle East, France's Prime minister requested yesterday proposals to protect consumers, while some retailers are already anticipating sharp price drops as early as this week. (Photo by Thomas SAMSON / AFP via Getty Images)

President of North Atlantic France Charles Amyot speaks to the press after an intergovernmental meeting with fuel distributors at the French Economy and Finance Ministry in Paris on March 12, 2026. In response to soaring prices at the pump linked to the war in the Middle East, France's Prime minister requested yesterday proposals to protect consumers, while some retailers are already anticipating sharp price drops as early as this week. (Photo by Thomas SAMSON / AFP via Getty Images)

This photograph shows a TV screen depicting the building of French Economy and Finance Ministry during an intergovernmental meeting with fuel distributors at the ministry in Paris on March 12, 2026. In response to soaring prices at the pump linked to the war in the Middle East, France's Prime minister requested yesterday proposals to protect consumers, while some retailers are already anticipating sharp price drops as early as this week. (Photo by Thomas SAMSON / AFP via Getty Images)

French agricultural union 'Jeunes agriculteurs' Secretary General Quentin Le Guillous looks on following an intergovernmental meeting with fuel distributors and representatives of the agricultural sector at the French Economy and Finance Ministry in Paris on March 12, 2026. In response to soaring prices at the pump linked to the war in the Middle East, France's Prime minister requested yesterday proposals to protect consumers, while some retailers are already anticipating sharp price drops as early as this week. (Photo by Thomas SAMSON / AFP via Getty Images)