COMPARE: How expensive are fuel prices around Europe right now?
Fuel prices are rocketing around Europe but in some countries the cost of filling a tank is far higher than in others, partly because governments are taking different measures to tackle the crisis.
Fuel prices are rising across Europe, with some countries experiencing significantly higher costs than others due to varying government measures to address the crisis. France is currently facing fuel shortages, with around 15 per cent of its petrol stations reporting shortages of at least one type of fuel on September 20, according to official figures. This translates to approximately 1,500 stations across the country.
The shortages in France are a warning sign of the pressure building across Europe's diesel market. Several factors are contributing to the supply issues, including disruption to oil shipments through the Strait of Hormuz, problems with Middle Eastern oil infrastructure, and reduced diesel production and exports from Russia due to Ukrainian attacks on its refineries.
European refineries are working to make up the shortfall, but diesel prices have risen sharply as countries compete for available supplies. According to Reuters, European diesel prices recently reached a high point, though the exact figure is not specified. The situation in France and elsewhere in Europe suggests that fuel supply issues and price increases are likely to continue.
Brief written by urgent.news from The Local France, The Local Spain, Euro Weekly News — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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- France runs short of diesel as Europe faces fuel supply warning euroweeklynews.com
- COMPARE: How expensive are fuel prices around Europe right now? thelocal.fr
- COMPARE: How expensive are fuel prices around Europe right now? thelocal.es
- COMPARE: How expensive are fuel prices around Europe right now? thelocal.de