Petrol Price Climbs to New Record as Iran War Continues
18 Articles
18 Articles
The national recommended price for Euro95 has reached a new record. According to the average recommended prices of five major oil companies, a litre of petrol now costs €2.666. Anyone filling up fifty litres at that rate pays €133.30. At the beginning of this year, the same amount cost at...
Anyone who refueled on the highway on Wednesday will have already noticed: petrol has become even more expensive. The average recommended price is now well over 2.66 euros per...
Petrol price climbs to new record as Iran war continues
The price of a liter of petrol reached a new record on Wednesday. According to figures from the consumer benefit platform United Consumers, a liter of Euro95 now costs €2.666, nearly 3 cents more than on Tuesday. That breaks the previous record from May 6, when a liter of petrol cost €2.646.Diesel has also become more expensive, according to the platform’s figures. A liter of diesel costs €2.633 on Wednesday, which is also nearly 3 cents more th…
“As long as there is conflict in the Middle East, and as long as it escalates, we are only looking into rising prices,” said Ilyas Dogru, a consumer economist at the car owners' advocacy organization.
The recommended retail price for petrol will rise to a new record tomorrow. According to consumer benefit platform UnitedConsumers, the previous record from May will be broken. At that time, a litre of Euro95 cost 2.65 euros; now, a recommended price of nearly 2.67 euros is expected. "Consumers really need to take structurally higher prices into account," Paul van Selms tells BNR.
The price of petrol in the Netherlands is expected to reach a record high on Wednesday, according to consumer collective UnitedConsumers. Due to the escalating tensions between Iran and the United States, hopes that the Strait of Hormuz can be opened soon are fading. That strait is important for oil and fuels from the Gulf region, but has been virtually blocked by Iran since the start of the Iran War.
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