Fuels at annual highs redouble pressure on the Government for aid
The average price of gasoline and diesel exceeds 1.9 euros per liter and is approaching the record levels of 2022 after the Russian invasion of Ukraine. The upward pressure on the price of oil heralds further increases.
The average price of gasoline and diesel in Spain has exceeded 1.9 euros per liter, approaching the record levels of 2022 following Russia's invasion of Ukraine. The price of oil is expected to continue rising, adding pressure on the government to approve a new decree to mitigate the impact of high energy costs on the economy and inflation.
The government's current budget for crisis mitigation measures has already surpassed 10,000 million euros. The price of gasoline and diesel has increased by 34% and 40% respectively since the start of 2023, with some gas stations charging over 2 euros per liter.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.