The price of petrol in Germany has climbed to a record high following the renewed escalation in conflict between the U.S. and Iran, the ADAC motoring association said on Thursday.
The nationwide daily average price for a liter of E10 petrol rose to 2.215 euros ($2.57) on Wednesday, surpassing the previous record of 2.203 euros set in March 2022, the ADAC said.
The figure represents a nominal record. Adjusted for inflation, petrol has been more expensive in the past, such as in 2012.
The U.S. resumed attacks on Iran several days ago, prompting retaliatory strikes. The renewed escalation has pushed crude oil prices higher.
Low water levels on the Rhine River have also contributed to higher fuel prices by increasing transport costs.
