Diesel increases European transport costs

Europe is currently experiencing a daily loss of approximately 203 million euros due to geopolitical disruptions, stemming from rising diesel costs that lead consumers to pay about 30 euros extra when refueling. The road transport sector accounts for a significant portion of diesel consumption, with trucking operating costs increasing by over 236 euros weekly. The European diesel fleet is struggling, as 30% of it is over 15 years old. The rising prices of refined oil and the gap between crude oil and diesel prices are generating record profits for oil companies. To alleviate the burden on consumers, it is suggested to accelerate the transition to electric vehicles and reduce dependence on diesel.

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