The British government has temporarily suspended parts of a competition law on Sunday evening as the country grapples with a fuel crisis caused by lorry driver shortages and panic buying. The decision comes after Business, Energy, and Industrial Strategy Secretary Kwasi Kwarteng met with oil companies and retailers on Sunday to address another day of continued queuing for the pumps, with thousands of petrol stations running dry. The exemption of the industry from the Competition Act 1998 for the purpose of sharing information and optimising supply—a measure known as the Downstream Oil Protocol—will allow companies to more easily prioritise the delivery of fuel to the parts of the country and strategic locations that are most in need. Kwarteng said the UK has “long-standing contingency plans in place” to maintain fuel supplies and deliveries in emergency situations. “While there has always been and continues to be plenty of fuel at refineries and terminals, we …
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