Gasoline at the pump has never been more expensive: recommended price for Wednesday breaks record

The recommended price for a liter of Euro95 gasoline in the Netherlands is set to hit a record high of 2.67 euros on Wednesday. This surpasses the previous record of 2.646 euros set on May 6. According to fuel expert Derk Foolen from the consumer platform UnitedConsumers, the sharp increase is primarily driven by rising geopolitical tensions in the Middle East, which have directly impacted oil prices. In just two days, the suggested price for gasoline has climbed by 7.1 cents.

While gasoline reaches new peaks, diesel prices remain below their April record of 2.819 euros per liter. These suggested prices generally apply to highway gas stations, where costs are typically higher than at other locations. The ongoing surge in fuel costs has caused significant concern among the public, with many motorists adjusting their spending habits to cope. Industry experts warn that continued high prices could threaten the viability of smaller gas stations, particularly those located near national borders, as consumers seek cheaper alternatives.