Following approval from both the Bundestag and Bundesrat, the legislation mandates that oil companies must justify significant price hikes to the Federal Cartel Office. This measure comes in the wake of sharp price increases attributed to the Iran conflict, raising suspicions of exploitative practices by fuel companies. Concurrently, other nations are implementing similar strategies; Poland has voted to reduce fuel taxes and set daily price caps, while Vietnam has suspended environmental taxes on fuels and India has introduced export fees on gasoline and diesel.