Found prices explode: Conflict in the Middle East hits drivers hard!

Found prices explode: Conflict in the Middle East hits drivers hard!

Ludwigslust-Parchim, Deutschland - The current developments in the Middle East not only bring geopolitical tensions with them, but also strike fuel prices in Germany. If you are traveling in these chaotic times, you will quickly notice that refueling has recently become more expensive. As Nordkurier reported for drivers, but now the conflicts are going up to the prices.

The ADAC has found that the average price for Super E10 in May was 1.65 euros per liter, which was about 13 cents less than at the beginning of the year. For diesel there was a reduction of around 20 cents compared to January 2023. But since June 13th, after the military disputes between Israel and Iran, prices have risen again. In cities such as Ludwigslust and Schwerin, the costs have increased particularly significantly, with a fuel price for Super E10 of 1.70 euros in Schwerin and 1.68 euros in Ludwigslust, such as the ADAC explained.

price increase in focus

In Hagenow, the price shock lasts: While Super E10 is 1.72 euros per liter here, diesel drivers even have to pay 1.64 euros. The nationwide average price for Super E10 is currently 1.70 euros, with an increase of 4 cents compared to the previous week. These circumstances make refueling more expensive than ever and bring many drivers to consider when the best time would be to refuel. The ADAC recommends refueling between 7 and 8 p.m. in the evening, as the fuel prices are the cheapest here.

The price differences don't just depend on the time of day; In rural regions, the costs are often higher, as fewer petrol stations and lower competition prevail. Voices from the industry refer to local competitive conditions that additionally reinforce these differences.

geopolitics sets accents

The current situation is also complicated by travel warnings of the Federal Foreign Office for the region. German citizens are asked to leave Iran and there is a partial travel warning for countries such as Jordan and Lebanon. These developments also have an impact on air traffic: The Lufthansa Group has suspended flights to Israel and Tehran until the end of July, as reported by the ADAC The geopolitical tensions could also have an impact on inflation.

The crude oil prices have risen sharply after the military conflict: the price for a barrel Brent climbed from 69 to over $ 74. ADAC spokesman Andreas Hölzel emphasizes that consumers have to expect higher fuel prices, since the mineral oil companies will quickly pass on the increased prices to the end consumers.

drivers should find out well and probably refuel this week so as not to pay more than necessary for their fuel. The rapid increase in prices could bring some unpleasant surprises.