Prices for fuel and heating oil rise: EU reacts to crisis drama!
Prices for fuel and heating oil rise: EU reacts to crisis drama!
Lörrach, Deutschland - The situation at the petrol stations in Germany is currently tense. The prices have risen sharply due to recent developments in the Middle East. The war between Israel and Iran in particular has an impact on the energy market, which consumers in Baden-Württemberg also feel. The prices for fuel and heating oil are alarming, and on Sunday morning at 8.20 a.m. you paid 1.749 euros at the petrol pumps for one liter of Super E10, while you had to leaf through 1.639 euros for diesel. These prices rose by almost a cent on the previous days, after a decline of five or six cents on Friday. Heating oil prices also point significantly.
EU Commission President Ursula von der Leyen has discussed the current price increases together with US President Donald Trump. Verlagshaus Jaumann reports that the EU and the USA Situation are alarmed and want to secure the stability of the energy markets. However, specific measures were not communicated. Theoretical options such as the release of strategic oil reserves or conversations with important oil export countries are under discussion.
energy market under pressure
The developments in the Middle East are not only noticeable, but also comprehensively influence the global energy markets. Esslinger Zeitung emphasizes that the attacks on Iranian Oil and gas fields further tighten the imbalance. The dispute over these resources is not new, but it now has dramatic effects on prices that affect many households and companies.
The US President Trump has big plans for oil and gas production in his country. According to Tagesschau, he plans a massive expansion of the funding capacities and has proclaimed a "national energy state". This happens in the context of his exit from the Paris climate agreement, which gives the USA more freedom in the consumption of fossil fuels. Despite these massive plans, experts warn that the immediate effects could only be felt after years because development projects take time.
long -term effects and new dependencies
The strategy of the United States could also dampen international oil and gas prices in the long term, which may also affect the German market. But there have been concerns about new dependencies on US gas in Europe. Germany's LNG terminals are already receiving over 80% of the fuel from the USA. It remains to be seen whether this can reduce the legacy of dependence on Russia or carries new risks.
In total, consumers are facing an uncertain and possibly costly time, while the political and economic forces are sorting up on the global stage. The next few weeks and months could be crucial to see whether the EU and the United States' measures are sufficient to contain the impending price peaks.| Details | |
|---|---|
| Ort | Lörrach, Deutschland |
| Quellen | |