Fuel price surge threatens European transport sector stability

Rising fuel prices across Europe are threatening the stability of the transport and logistics sectors. In Italy, diesel prices have reached approximately 2.34 euros per liter, while gasoline averages around 2.15 euros. Industry associations, including CNA Fita and CNA Umbria, have issued urgent warnings that without immediate government intervention, many transport companies face a total standstill due to a lack of liquidity to purchase fuel.

Representatives from CNA emphasize that current measures, such as tax credits and excise duty cuts, are insufficient. They are calling for a ‘social pact’ on fuels, which would include mandatory fuel surcharges, increased liquidity for small and medium enterprises, and protections against diesel theft. Notably, companies operating vehicles under 7.5 tons are currently excluded from certain tax relief benefits.

On a broader scale, the energy crisis is being fueled by geopolitical tensions in Ukraine and the Middle East, alongside supply shifts. Reports indicate that Saudi Aramco may reduce oil shipments to European refineries following militia attacks, and refineries are increasingly prioritizing more profitable diesel production over gasoline. Italian officials, including Deputy Prime Minister Matteo Salvini and Economy Minister Giancarlo Giorgetti, have indicated that no immediate downward trend in fuel prices is expected, suggesting that costs will remain high for families and businesses.