rssApr 7, 2026, 11:21

The oil crisis hits these entrepreneurs hard: "Trump must stop"

Local entrepreneurs in Amsterdam, including a driving school in Geuzenveld and a pancake restaurant on the IJ, are facing record-high fuel costs due to escalating tensions between the US, Israel, and Iran. The crisis stems from a blockade of the Strait of Hormuz, prompting a US ultimatum that threatens military action if the passage is not reopened. Despite the significant financial burden, business owners are currently trying to maintain their current prices for customers.

Politics Economy Business Amsterdam Netherlands World

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

Trade with Russia remains lucrative, but companies face risks

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No funding for Zuidasdok megaproject in new cabinet plans

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Netherlands wants to save emergency oil reserves, but pressure to release more grows

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