Argentina says energy firms must put price cap on jet fuel

Argentina ordered oil companies YPF, Royal Dutch Shell and Esso to put a price cap on jet fuel charged to airlines that own aircraft registered in the country, the state news agency said yesterday. The decision is seen benefiting LAN Argentina, a branch of Chile’s LAN Airlines and state-run Argentine airline Aerolineas Argentinas, which accused the three energy firms of overcharging for jet fuel last month. “The price of a liter of JP1 jet fuel must not exceed ‘super’ gasoline (used by cars) by more than 2.7% from the price charged at a gas station nearest to the airport where