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🇬🇧 The Cost of a Historic War

BlogDiario.info
Italy, 23/06/2025

From bombs to gas pumps, without layovers: the war in Iran is already being felt in European wallets. And oil is once again a weapon of pressure.

While missiles rain down on nuclear facilities in the Middle East, their echo reaches Europe with another frequency: cling, goes the gas nozzle. Not by magic, but by an old unwritten law that rules the global board: every bomb dropped in the desert drives prices up at the pump.

Last Friday, following the U.S. strike in support of Israel, oil prices surged — and with them, fuel prices. Brent and WTI hit their highest levels since January. The result: fuel prices in Italy are back to April levels.

  • Self-service gasoline: €1.748/litre
  • Self-service diesel: €1.670/litre
  • Full-service gasoline: €1.886/litre
  • Full-service diesel: €1.806/litre

And on some highways, so-called eco-gasoline has surpassed €2.30/litre, a record that even the most pessimistic didn’t expect so soon. Consumers talk of “speculation,” though Assopetroli downplays it: “We see no speculative trends,” they state with a poker face. “Let’s promote a culture of conscious mobility,” they add — as if refueling had become a philosophical act.

But the Ministry of Business isn’t satisfied with mantras: it has activated the Rapid Alert Commission, a sort of watchdog that, apparently, was dozing off during the price surge.

According to the National Consumers Union, a full tank now costs €2 more than just a week ago. And if the situation in Iran worsens with a potential closure of the Strait of Hormuz — a chokepoint for one-third of the world’s crude — oil could reach $100 per barrel, pushing Italy’s gasoline average to €2.024/litre. Enough to make even hybrid cars think twice before hitting the road.

One thing is certain: beyond the distributors’ statements, this war has become a domestic matter, intimate and daily. It is waged with every receipt we get at the station. And in this scenario, every litre of fuel is another chapter in a war that, even if it doesn’t kill here, bleeds the pockets of many.


International Desk, with assistance from the Laboratory of Street Realism
Authorized publication for ElCanillita.info


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