Iran Conflict Keeps Fuel Prices Elevated in Germany Despite Recent Slight Decline

Fuel prices in Germany have seen a modest decrease since the ceasefire in Iran but remain significantly higher compared to pre-war levels. As of April 9, 2026, a liter of Super gasoline costs 2.19 euros, and diesel averages 2.39 euros per liter, both prices showing little change from the previous week. Before the conflict began in late February 2026, Super fuel was priced at 1.83 euros per liter and diesel at 1.75 euros.

The spike in fuel prices corresponds closely with rising crude oil costs, driven primarily by disruptions in oil shipping through the Strait of Hormuz, a vital passage handling nearly 30% of the global oil supply. This geopolitical tension has directly impacted Germany's fuel market, particularly influencing diesel due to its extensive use in industry and higher dependence on imports.

In response to these pressures, Germany has taken proactive measures. Federal Minister of Economics Katherina Reiche announced the release of part of the country's oil reserves located in strategic sites such as Wilhelmshaven and near Hamburg, aligning with an international initiative aimed at tempering price surges. These reserves are legally maintained to cover at least 90 days of consumption.

Additionally, the Bundestag implemented regulations effective April 1, restricting gas stations to raising fuel prices only once daily at noon, while allowing price reductions at any time. This move aims to reduce price volatility for consumers. The Federal Cartel Office, led by Andreas Mundt, is closely monitoring the market to detect any anti-competitive practices but acknowledges that rapid price increases tied to geopolitical events are challenging to prevent.

Heating oil prices have also risen alongside the fuel surge, climbing from previously low levels below one euro per liter throughout much of the past year. Overall, while some easing has occurred post-ceasefire, sustained elevated fuel prices reflect ongoing supply risks and market sensitivities linked to the Iran conflict.