Overview
- El Periódico reports the national average pump price is €1.778 per litre for gasoline and €1.89 per litre for diesel, with only tiny day‑on‑day changes reported.
- The rise in retail prices traces back to a regional conflict that threatened shipments through the Strait of Hormuz and pushed Brent crude higher, even though Spain does not import Iranian oil directly.
- A peace agreement in June briefly reduced Brent and eased prices at Spanish pumps, but subsequent intermittent attacks have returned volatility and frequent price swings.
- Wholesale cost increases driven by higher Brent have been passed on by suppliers, which explains how global supply risks translate quickly into changes at local service stations.
- Diesel price swings matter beyond drivers because gasóleo fuels freight and professional transport, raising costs for goods movement and adding pressure to businesses and consumers.