As a result of the sharp increase in the price of diesel fuel in Europe, drivers are now paying 40% more for each fill-up than at the beginning of the year. They have to pay more than 30 euros for a 50-liter yard. Since the escalation of the Middle East conflict, the daily additional costs of drivers across the region have reached 203 million euros. Financial Times (FT) reports this, referring to data from the European Commission. According to analysts, diesel fuel accounts for more than 40% of the consumption of oil products in the European economy, which is the highest index in the world (twice more than in the USA). This makes Europe more vulnerable to rising prices. According to Juliet Egal, a leading analyst at the non-governmental organization Transport & Environment (T&E), Europe is "dependent on an extremely volatile resource that it cannot control". According to the newspaper, Europe's vulnerability to diesel price fluctuations is the result of policies in the 1990s and 2000s that encouraged its use, as diesel vehicles were more efficient due to their high efficiency. They produced less carbon dioxide emissions and were cheaper than gasoline ones. This trend was gradually abandoned when the negative impact of diesel on air pollution became more evident. However, 40% of motor vehicles in the region still run on this fuel. As reported earlier, diesel prices have set historic records in several EU countries, including Germany, France and Switzerland. Thus, the average price of one liter of diesel fuel in Germany was 2.47 euros, in France - 2.39 euros, and in Switzerland - 2.41 francs (2.55 euros).
International News
Drivers in Europe are paying 40% more for diesel fuel than at the beginning of the year.

Source: KARTSIQ