Rising Oil Prices Affect European Drivers, Analyst Warns of Wider Impact | APT
Автор: APT
Загружено: 2026-03-09
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Rising global oil prices are beginning to affect motorists across Europe, with drivers in Madrid and Rome reporting noticeable increases at petrol stations. Analysts from Nordea Markets warn the impact could spread worldwide if tensions disrupt shipping through the Strait of Hormuz. Energy expert Thina Margrethe Saltvedt said a prolonged closure could tighten global supply and push prices higher. Some governments are considering releasing strategic petroleum reserves if the situation worsens. Consumers say fuel costs have already risen sharply and fear further increases as geopolitical tensions threaten energy infrastructure and supply routes.
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