The joint US-Israeli attack on Iran in late February spurred a surge that directly impacted retail prices. Since then, gasoline prices in the European Union have risen by around 15 percent, while diesel has risen by as much as 30 percent, Euronews reports, as reported by Index.
Average prices in the EU
According to the latest European Commission Weekly Oil Price Bulletin, published on 2 April with data as of 30 March, the average price of a litre of Eurosuper 95 petrol in the EU was 1.871 euros. A litre of diesel cost an average of 2.076 euros. Differences in diesel prices between member states are significant.
It is most expensive in the Netherlands, where a liter costs 2.46 euros, followed by Denmark (2.36 euros), Germany (2.29 euros), Finland (2.27 euros) and Belgium (2.23 euros). Prices above the European average are also recorded in Austria, France, Ireland, Sweden, Lithuania and Greece. On the other hand, the cheapest diesel is sold in Malta at a price of only 1.21 euros per liter.
Among the more favorable countries are Hungary, Slovenia and Bulgaria, where the price is 1.62 euros. In Croatia, a liter of diesel costs 1.88 euros, which is below the EU average.
Autogas most expensive in Croatia
The breakdown of countries by price of Eurosuper 95 petrol is very similar to that for diesel. Here too, the Netherlands is the most expensive with a price of 2.33 euros per liter, and Malta is the cheapest at 1.34 euros.
High gasoline prices are also found in Denmark (2.23 euros), Germany (2.13 euros), Finland (2.05 euros), Greece (2.05 euros) and France (2.01 euros). Along with Malta, Bulgaria has the most affordable prices (1.44 euros), and gasoline is sold below 1.60 euros per liter in Slovenia, Hungary, Spain, Slovakia and Cyprus.
The average price of autogas in the European Union is 0.841 euros per liter. The lowest price is in Italy, where a liter costs 0.66 euros, while the highest is recorded in Croatia, with a price of 1.26 euros. Taxes make up a significant share of the final price of fuel.
Tax share
According to data from March 16, taxes accounted for an average of 52.1 percent of the price of gasoline and 44.6 percent of the price of diesel. Slovenia has the highest share of taxes in the price of gasoline (54.8 euros), and Bulgaria has the lowest (43.9 euros).
For diesel, the highest tax burden is in Malta (54.3 euros) and the lowest in Estonia (37.6 euros). It is important to note that the actual tax amount in euros may vary depending on the basic price of the fuel before tax in each country.
Eurostat data for 2024 shows that among newly registered passenger cars, petrol-powered vehicles continue to dominate, accounting for 66.6 percent of the total. This is followed by diesel-powered vehicles with 16.9 percent and electric vehicles with 13.5 percent.
