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Fuel Prices Set to Soar Again Due to Middle East Crisis – What Italian Motorists Need to Know

Rise in fuel prices – source depositphotos.com – autoruote4x4.com

There is bad news for Italian motorists: the cost of petrol is about to rise again, here’s why.

For almost two years now, one of the biggest concerns for motorists has undoubtedly been the fuel cost, one of those that weighs most heavily on the pockets of Italians. The first major event that shocked not only public opinion but also the price of petrol was undoubtedly Russia’s invasion of Ukrainewhich had led to costs that were exorbitant to say the least in February 2022.

This is a situation which certainly did not abate even in the months to come and which erupted again during the summer of 2023, when Italian distributors reached the point of exceeding the record cost of 2 euros per litre. For this reason, many looked for a way to save money at least in this respect, while the actions implemented by the government to counter speculation seemed to be of no use.

The autumn of 2023, however, was marked by a drastic drop in prices: a situation which unfortunately is about to end as experts assure us that a new rise is now practically assured.

Fuel prices will rise again, here’s why

What will cause the next increase in petrol prices will be primarily the dramatic situation that is taking place today Middle East: Israeli bombings on Gaza following the Hamas attack will have a decidedly negative effect on fuels, but this is not the only reason behind this.

Indeed, the escalation of violence of the conflict has also led the United States and England to take sides against the armed forces of Yemen, who have recently targeted merchant ships on the Red Sea, a strategic territory for Italian imports and exports.

Full of petrol – source depositphotos.com – autoruote4x4.com

The Red Sea crisis will raise petrol prices again

The delicate situation that is affecting the Red Sea today will lead to serious consequences for us too as regards the rise in prices. Goods, energy bills, gas and of course fuel: these are some of the goods destined to rise, after the increase in international oil prices following the military escalation.

In short, the advice we give you is to go and fill up immediately before the cost of gasoline rises dramatically.

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2024-01-19 20:00:52
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