Conflict in Middle East Could Cost Europe’s Drivers an Extra €150 Million a Day

CleanTechnica
By Transport & Environment…Mar 12, 2026, 11:48 pm139 pts
European drivers paid a €55bn ‘geopolitical premium’ at the pump in 2022 when oil prices last averaged $100 a barrel. Dependence on imported fossil fuels continues to leave Europe vulnerable to volatility. Europeans are set to pay a ‘geopolitical premium’ of an extra €150 mn a day as oil prices ...…

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