How Much Have Gasoline and Oil Prices Increased in Europe Since the Start of the War in the Middle East?
5 Articles
5 Articles
Gasoline prices in the European Union (EU) have risen by 24 percent and diesel by 33 percent since the outbreak of war in the Middle East, according to European Commission data, as the conflict has added to concerns about the security of global oil supplies. The average price of gasoline at EU gas stations, including taxes, was 1.64 euros per liter on February 23, before the war began, and by September 7 it had risen to 2.04 euros per liter, dat…
Economy - As the war in the Middle East heightens concerns about global oil supply, the price of gasoline per liter has increased by 24 percent and diesel prices by 33 percent across the European Union (EU) compared to pre-war levels.
According to the European Commission's weekly oil bulletin, the average price of petrol (Euro-Super 95) including taxes across the EU rose by approximately 24 percent from €1.64 per litre on February 23 to €2.04 on September 7...
The war in the Middle East has heightened concerns about global oil supply, driving up fuel prices in the European Union. Across the EU, the price of gasoline has risen by 24 percent to €2.04 per liter, while the price of diesel has increased by 33 percent to €2.11 per liter compared to pre-war levels.
The rise in fuel prices was influenced by the war in the Middle East increasing concerns about supply security in global oil markets. The highest increase in gasoline prices was seen in Denmark and Finland, while the highest increase in diesel prices was recorded in Bulgaria.
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