Retail fuel prices have surged across the euro area in 2026 following the outbreak of the conflict in the Middle East, driving up energy inflation and prompting fresh analysis from European Central Bank (ECB) experts on how crude oil costs feed through to what consumers pay at the pump.
In a blog post, economists Friderike Kuik, Eliza Lis, Christiane Nickel and Mario Porqueddu, examined the factors that drive fuel price
