Uncategorized

Higher fuel bills are costing the EU €270 million a day on average, report says

Share
Share

Diesel accounts for most of the extra road fuel cost. T&E estimates that an EU diesel driver paid €142 more over the period it studied, while a German long-haul truck faced an extra €236 a week.

Since the start of the Iran war, higher road fuel prices have cost the EU an estimated €53 billion, according to a report published on Wednesday by Brussels-based environmental group Transport & Environment (T&E).

Most of that extra cost — €40 billion — came from diesel. T&E estimates that higher road fuel prices have added an average of €270 million a day to transport costs, including €203 million a day for diesel. The remaining €67 million a day is attributable to petrol.

The estimates compare costs during the war with the same period last year, adjusted for inflation. They cover the 28 weeks to 6 September.

“Europe is the most reliant major economy on diesel,” T&E says.

Diesel and gasoil account for about 43% of the oil products used in the EU by volume — around 16 percentage points above the global average and roughly twice the US share. Nearly four in 10 passenger cars on EU roads ran on diesel in 2024.

Road transport used 77% of the EU’s diesel and gasoil that year. Cars accounted for the largest share of road use, followed by heavy trucks and buses, then vans. Diesel is also used in farming, construction and some homes, though fuel used by machinery off the road is not included in T&E’s €203 million daily road diesel estimate.

Share

Leave a comment

Залишити відповідь

Ваша e-mail адреса не оприлюднюватиметься. Обов’язкові поля позначені *

Related Articles
Uncategorized

Russia Again Attacks Ukraine: Civilian Casualties Reported in Kyiv

Russia continued its large-scale aerial attacks against Ukraine on September 23. Ukrainian...

Uncategorized

Canada seeks deforestation law carveouts as EU ties deepen

Canada's man in Brussels wants to rework how the European Union's landmark...

Uncategorized

Russia’s Banking System Faces Mounting Pressure as Liquidity Shortfall Hits

On September 23, Russia’s banking system received another troubling signal. The Central...

Uncategorized

OECD lifts 2026 global economic growth forecast to 2.9% despite Iran war disruption

The OECD has nudged up its forecast for global growth this year...

Stay informed with breaking news, in-depth analysis, and the latest stories from around the world, all in one place.

Newsreporters keep in touch

Subscribe to our newsletter to get our newest articles instantly!

    Copyright 2026 Newsreporters. All rights reserved