Spanish gasoline prices hit highest since March amid tax changes
In early August 2026, the price of gasoline in Spain rose to €1.716 per litre, the highest level since the March peak that followed the Middle‑East conflict. The increase follows the reinstatement of the standard 21 % VAT after a three‑month reduction to 10 % and a gradual rollback of the special hydrocarbon tax, which fell from a 15‑cent discount in July to 10 cents in August. This marks the fifth consecutive weekly rise, pushing the cost of filling a 55‑litre tank to €94.38, about €16 more than a month earlier. Diesel also climbed to €1.837 per litre, approaching the €2 psychological barrier. Regional price gaps are evident: Mahón (Balearic Islands) records the most expensive gasoline at €2.099 per litre, while Vinaroz (Castellón) offers the cheapest at €1.429. The Confederación Española de Empresarios de Estaciones de Servicio (CEEES) called the fiscal normalisation a “unnecessary setback” for consumers during the holiday travel season. Across the EU, average gasoline prices sit at €1.687 per litre, up 17 % since July, reflecting similar tax‑related pressures and the broader impact of the Iran‑related energy market volatility.
Entities: Confederación Española de Empresarios de Estaciones de Servicio (CEEES) · Confederación Española de Empresarios de Estaciones de Servicio (CEEES) · European Union fuel tax policy · Ministry for the Ecological Transition and Demographic Challenge (MITECO) · Ministry for the Ecological Transition and the Demographic Challenge (MITECO) · National Commission of Markets and Competition (CNMC) · Spain · VAT (value added tax)