Fuel prices surge across Spain as gasoline exceeds two euros

Fuel prices in Spain are experiencing a significant upward trend, with gasoline exceeding the two-euro per liter mark in numerous locations, including over 150 stations in Aragon. Diesel prices are also rising, effectively neutralizing recent government tax relief as market increases absorb the discounts.

In regions like Jaén, price disparities between stations are notable, while in Mallorca, business organizations like PIMEM have warned that rising costs are “suffocating” both families and companies. The surge in fuel costs is linked to geopolitical tensions in the Middle East and the Persian Gulf, which are also driving up electricity and gas prices across Europe.

Industrial sectors, including automotive, chemical, and food production, are reporting massive energy overcosts. There are growing concerns regarding potential supply shortages and the need for permanent tax subsidies to mitigate the inflationary impact on the cost of living and logistics.