Diesel Price Reaches Record High

The advisory price of diesel exceeded €2.50 per litre for the first time on Tuesday morning. Due to the war in the Middle East, fuel costs have been rising rapidly for more than a week. Petrol has also become significantly more expensive and is once again approaching the record level of June 2022.

The near-total closure of the Strait of Hormuz, a crucial route for oil and gas transport, is driving sharp price increases on the global market. Oil companies are passing on these higher costs immediately, causing transport companies and logistics service providers to face rapidly increasing variable expenses.

As diesel surcharges continue to rise at speed, transport rates are expected to come under further pressure in the coming period. For importers and exporters, it is essential to closely monitor the market and proactively anticipate changes in fuel-related costs.