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Middle East tensions push diesel back above €2.
The tensions between the United States and Iran are causing fuel prices to rise significantly. For the first time since mid-May, diesel, in the nationwide daily average, cost more than 2 euros per liter again, according to ADAC. Gasoline also rose noticeably.
The diesel average price for Thursday stood at 2.012 euros. That was 4.2 euro cents more than on Wednesday. Looking back to the start of the week — before the latest escalation — the increase amounts to 6.2 cents.
Even Super E10 rose markedly - with a daily increase of 2.6 cents to 2.060 euros per liter, however not as strong as the diesel fuel, which is typically more crisis-prone. Since Monday there has been an increase of 4 cents per liter.
Thus, both fuels remain well below the levels seen before the tank discount began, which had been in effect in May and June, but well above the levels before the war began or even in the second half of June. Back then, the tank discount temporarily pushed diesel back to pre-war levels. In the current prices, the oil price is also likely to be felt; it has risen substantially since the start of the week, since tensions around the Strait of Hormuz have increased again.
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