nuOct 9, 2026, 09:09

Gasoline prices headed for record highs due to ongoing Middle East unrest

Gasoline prices in the Netherlands are nearing record levels due to supply chain disruptions caused by ongoing conflict in the Middle East. Disruptions near the Strait of Hormuz and regional violence have restricted global oil shipments, pushing the price of Euro95 to nearly 2.73 euros per liter.

The price of gasoline in the Netherlands is approaching an all-time high due to escalating geopolitical tensions in the Middle East. According to data from UnitedConsumers, the recommended price for Euro95 reached 2.728 euros per liter on Friday, leaving it just 0.2 cents shy of the record set in late September. Diesel prices also saw an increase, reaching 2.732 euros per liter, although they remain further from their previous peak.

Market volatility is primarily driven by unrest in the Middle East, including conflicts near the Strait of Hormuz, where tanker shipments have been disrupted and significant infrastructure damage has occurred. These events have stalled substantial portions of the global oil supply. While oil prices experienced a slight dip following comments from the United States regarding military posture in the region, the persistent instability continues to exert significant upward pressure on fuel costs for Dutch consumers.

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Based on reporting by nu. Translated and condensed by LocalHeadlines.

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