Oil prices have climbed above $100/barrel amid Middle East tensions, with EU petrol 24% higher and diesel 38% higher than a year ago. Germany, France, Italy and Spain are implementing emergency measures—tax cuts, subsidies, road tax scraps—to contain public discontent and counter far-right gains.
EU leaders push windfall tax on energy firms as fuel prices hit records
Widespread economic hardship affecting workers, farmers, fishers and commuters across Europe; French fishers blocked ports in protest over diesel costs.
Politics & Governance