economy
April 4, 2026
Exorbitant Fuel Prices in Europe! Measures Not Yielding Results, While in Serbia
The highest costs are currently in the Netherlands
TL;DR
- Europe is seeing record-high diesel prices since April 2026, with the highest costs in the Netherlands, Denmark, and Germany.
- Conflicts in the Middle East have disrupted supply, causing European diesel futures to surge over $200 per barrel.
- Germany has reached historic high fuel prices despite government intervention.
- Serbia has implemented measures, including a temporary ban on oil and derivative exports until May 2nd, to stabilize fuel prices.
- In Serbia, gasoline and eurodiesel prices have slightly increased but remain significantly lower than in many European countries.
- The Serbian government plans to absorb further fuel cost increases to mitigate inflation and protect the cost of living.