Energy Minister Reiche rejected another reduction to the gas tax (file photo)Image: Johannes Neudecker/dpa/picture alliance

Economic and Energy Minister Katherina Reiche said that no additional state measures were planned to combat high gas prices.

In May, the federal government had reduced tax on gasoline and diesel by 17 cents in order to combat the rise in the price of fuel at the pump due to the Iran war. But the tax reduction expired at the end of June.

Since then, prices have risen quickly, fueled also by the resumption of hostilities in the Middle East, and the closure of the Strait of Hormuz. Currently, the average price of one liter of gasoline stands at roughly €2,20 ($2,50), up from €1,83 ($2,10), from when before the war began, according to the German outlet NDR.

"With the fuel price cap, we implemented a very, very expensive measure. It cost us many billions of euros," Reiche told the German media networks RTL and ntv. “Those funds are not currently available in the federal budget."

The Christian Democratic Union's (CDU) Reiche also rejected the idea of a price cap for gas, proposed by some among Germany's Social Democrats, the junior members of the governing coalition.

"No further measures are currently planned, nor are any actually in the works," said Reiche.