"In Germany, diesel prices rose above 2.43 (about $2.80) per liter on average across Germany's 100 largest cities, while Super E10 cost more than 2.18. Even during the oil crisis of the 1970s, fuel prices in Germany adjusted for purchasing power remained well below 2."
"The current war in the Middle East has triggered a far greater supply shock to the global fuel supply than the oil embargo imposed by Arab OPEC members in the 1970s."
"In Germany, the government has agreed to reduce the fuel tax by 0.17 and predicts a tax shortfall of 1.6 billion (about $1.8 billion) as a result."
"Following large protests against rising energy costs in Ireland, the government in Dublin has approved a wide-ranging package of measures worth half a billion euros."
In April 2026, diesel prices in Germany surged by over 40% due to the ongoing US-Israeli war on Iran, with average costs exceeding 2.43 per liter. This price increase is part of a broader global trend, as the International Energy Agency notes that the current conflict has caused a more severe supply shock than the 1970s oil embargo. In response, countries are releasing national oil reserves and implementing tax reductions. Germany has reduced fuel tax and encouraged employers to provide tax-free bonuses, while Ireland has introduced a substantial relief package following public protests.
Read at www.dw.com
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