Fuel prices in Spain have recently exceeded €2 per litre, marking a significant rise that has left many drivers facing higher costs at the pump. This increase comes as a government discount is set to expire at the end of the month, leaving little hope for relief in the near future.
In regions like Aragón, over 150 service stations have already crossed this price threshold, and the situation is even more pronounced on the islands, where filling a family car can cost over €100. The national average for regular petrol has reached €1.866 per litre, marking the 11th consecutive week of price hikes.
The surge in prices is largely attributed to geopolitical tensions affecting oil supply, with Brent crude prices rising sharply. Spain, which imports most of its crude oil, is quickly feeling the impact of these global market changes.
Currently, drivers benefit from a government discount on fuel, but this is set to end on September 30. Without an extension, diesel prices could rise by 24 cents per litre, and petrol by 6 cents, further increasing the financial burden on drivers.
Despite these increases, Spain’s fuel prices remain below the European Union average, offering some relative relief. However, with the potential for further hikes, drivers are advised to fill up before the discount expires and to compare prices across different stations to find the best deals.