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European drivers choke on rising diesel prices due to Iran conflict

On Thursday, European diesel prices rose above $200 per barrel, reaching the highest level since March 2022 when Russia's invasion of Ukraine first disrupted global energy markets.
Middle East states supplied over half of Europe's diesel in 2025, with one third transiting the Strait Hormuz; recent air strikes have disrupted this route, driving prices up more than 30 percent.
Rystad Energy specialist Susan Bell noted diesel supplies were "much tighter than the gasoline balance" before the conflict, while TotalEnergies said refineries operate at full capacity with "minimal" room for adjustment.
Slovakia ordered a 30-day diesel sales restriction last month, while The Netherlands reports the continent's highest prices at more than $2.80 per litre; Ireland and Spain temporarily cut fuel taxes.
The European Union will not lift sanctions on Russia soon, limiting options to address shortages; analysts expect further demand surges as The Easter holiday weekend approaches.

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European drivers choke on rising diesel prices due to Iran conflict

European drivers face a record fuel inflation as diesel prices have spiralled by more than 30 percent since the start of the Iran war, highlighting the continent's dependence on imported energy and the lingering prominence of diesel on the car market.

1 day ago·France

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European drivers choke on rising diesel prices

The price of diesel fuel has rocketed by more than 30 percent across Europe since the start of the Middle East war highlighting the continent's dependence on imported energy and the lingering prominence of diesel on the car market.

1 day ago

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