Economy
IEA urges additional diesel releases ahead of key meeting
Tightening global diesel markets prompted the International Energy Agency to call on its members to accelerate previously agreed releases from strategic oil reserves, prioritising diesel. The IEA also asked member states to assess "whether additional diesel releases are necessary".
Europe News
Rising fuel costs squeeze rural businesses in France
Soaring fuel and heating oil prices are putting pressure on businesses and households in rural France, where many people rely on cars and oil heating. Bakers and a food truck owner in northern France say rising energy costs are cutting into their earnings and making everyday life harder.
Economy
How European governments are trying to ease the fuel price shock
European governments are cutting fuel taxes, offering subsidies and adjusting energy rules to ease the impact of record petrol and diesel prices. France, Germany and Spain are among those expanding support, while the EU faces the added risk of possible US restrictions on diesel exports.
Economy
EU electric car registrations jump 63% as Chinese brands gain ground
New electric car sales jumped by nearly two-thirds in August 2026 compared to their levels last year as fuel prices hit fresh records in the European Union. But German carmakers struggle to benefit from a broader recovery of the EU car market.
Latest fuel prices, updates on petrol and diesel prices, price increases and cuts, and the latest developments in the fuel market.