The war in Iran and fears of the conflict spreading to the entire Middle East continue to fuel oil prices. The de facto blockade of the Strait of Hormuz, through which a fifth of global energy flows, and attacks on facilities in several Gulf countries make the prospect of an energy shock more concrete.
And oil has broken through the $100 a barrel mark: the April WTI contract soars 17.92% to $107.19 after hitting a high of $119.48, while Brent crude gains 18.32% to $109.67 after peaking at $119.5.
“Oil prices in the short term, which will fall rapidly when the destruction of the Iranian nuclear threat is complete, are a very small price to pay for the security and peace of the United States and the world ,” US President Donald Trump wrote on Social Truth.
According to today's update from Mimit, March 9, the average price of self-service diesel in Sardinia is €1.985 per liter, among the highest in Italy . It's similar to that of Lombardy and Piedmont, and only lower than Calabria, Sicily, Valle d'Aosta, and the provinces of Trento and Bolzano (where it exceeds €2 per liter). Gasoline, on the other hand, reaches €1.784 per liter .
In just 10 days, the price of diesel has increased by more than 14%, making a full tank of diesel cost 12.3 euros more than at the end of February , reports Codacons. Today, the average price of diesel at self-service stations, according to regional averages by Mimit, stands at 1.970 euros per liter in Italy, a jump of 14.3% compared to the national average at the end of February (1.723 euros/liter): "This means that in just 10 days, a full tank of diesel costs each driver a full 12.3 euros more, equivalent to an additional expense of 296 euros per year if we consider an average of two full tanks per month." Over the same period , self-service petrol prices increased by approximately 7%, with a higher cost of approximately +5.8 euros per tank, almost 140 euros more over the year .
with a clear upward trend. The situation in the Gulf and Qatar's decision to suspend production are having immediate and devastating consequences on prices.
