economy
April 5, 2026
WILD FUEL PRICES IN GERMANY Queues at pumps, and in Serbia
European drivers are facing record fuel inflation, as diesel prices have risen by more than 30 percent since the start of the war in Iran, highlighting the continent's dependence on energy imports and the continued importance of diesel in the automotive market.
TL;DR
- Diesel prices in Europe have risen over 30% since the start of the war in Iran, reaching over $200 per barrel.
- Demand for fuel is expected to increase during the Easter weekend, with queues forming at some stations.
- Prices at a German station show regular diesel at 2.47 euros per liter and premium diesel at 2.64 euros.
- In Serbia, gasoline and diesel prices have increased by one dinar per liter.
- Serbian President Aleksandar Vučić stated that Serbia will soon have the cheapest fuel in the region.
- Serbia has extended its ban on the export of oil and petroleum products until May 2nd.
- The maximum retail price for Eurodiesel for registered agricultural holdings in Serbia has increased to 184 dinars per liter.