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Story summary
- Belgium's fuel pricing system is under pressure as industry groups say the maximum price model no longer reflects market realities.
- Brafco and Energia told the parliamentary committee on Energy that fixed retail prices erode profit margins amid rising wholesale prices.
- Queues form near the Dutch border due to fuel tourism.
- Brafco and Energia propose abolishing the K-factor and adopting market-based pricing to ensure supply stability.
