EU petrol and diesel prices hit record highs this week, according to the European Commission. Refining margins—the cost of turning crude oil into fuel—are partly to blame, and prices could remain elevated as ECB…
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EU petrol and diesel prices hit record highs this week, according to the European Commission. Refining margins—the cost of turning crude oil into fuel—are partly to blame, and prices could remain elevated as ECB experts tell Euronews that diesel margins are expected to peak only in October.
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German minister says companies are ‘exploiting situation’ in Middle East, as sky-high prices become major domestic issue for leaders European governments have discussed imposing a bloc-wide windfall tax on energy…
The average price for a gallon of diesel was still hovering around a record-high of $6.43 as of Friday morning, according to the latest data published by GasBuddy.
Record diesel prices are already walloping the transportation sector, and if energy prices stay high, the economic impact will spread.
Germany's coalition government is grappling with record-high fuel prices ahead of two state elections this weekend. Follow DW for more stories making headlines in Germany. Grouped from 2 articles across 1 sources.
Dozens of Israelis demonstrated outside the Knesset in West Jerusalem on 17 September, accusing political leaders of using regional tensions to interfere with the 27 October parliamentary election.
Andrew Caruana Galizia, Head of Europe and Eurasia at the World Economic Forum, believes there are certain areas where Europe "will never be able to be self-sufficient, like critical raw materials".