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Fuel Prices Soar Amid Middle East Tensions | Amsterdam News
Description
Gas prices in the Netherlands are climbing toward a new all-time high, fueled by escalating tensions in the Middle East that are disrupting oil shipments through the Strait of Hormuz. While recommended prices at premium stations hit nearly $2.60 per liter for Euro95, savvy shoppers can save up to 25 cents by comparing stations. The Authority for Consumers and Markets blames the surge on oil companies pocketing record profits, with Goldman Sachs warning Brent crude could soar past $120 a barrel if instability continues.
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