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عكس السير
Source: عكس السير
14 Hrsعكس السير
Source: عكس السير
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Germany experienced a record increase in fuel prices in 2026, with the price of "E10" gasoline reaching €2.165 per liter on August 22, the second highest level after reaching €2.203 in March 2022. The main reason for this rise is attributed to the Hormuz Strait crisis and the declining water levels of rivers, especially the Rhine, which led to disruptions in shipping activities and increased transportation costs. To mitigate the impact of rising prices, the German government implemented tax reductions in recent months; however, these measures have ended, causing prices to climb again. In an effort to generate additional revenue, Finance Minister proposed imposing a tax on oil companies’ profits, which had surged due to the war against Iran. However, experts and economists considered this a stopgap measure that may not lead to a sustained decrease in prices and could diminish market incentives for reform and investment. Continued rising oil prices threaten the German economy and raise political concerns, as the current government’s popularity wanes and calls for early elections grow.
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