Zürcher Nachrichten - Germany: Fuel rage and the 2026 election year

EUR -
AED 4.30878
AFN 75.088139
ALL 95.561304
AMD 435.019119
ANG 2.099991
AOA 1077.048119
ARS 1633.743618
AUD 1.628028
AWG 2.111859
AZN 1.992549
BAM 1.958981
BBD 2.363569
BDT 143.987894
BGN 1.957109
BHD 0.443079
BIF 3491.606608
BMD 1.173255
BND 1.496952
BOB 8.108753
BRL 5.813124
BSD 1.17352
BTN 111.32055
BWP 15.948049
BYN 3.311545
BYR 22995.796207
BZD 2.360153
CAD 1.594747
CDF 2721.951785
CHF 0.916036
CLF 0.026822
CLP 1055.636074
CNY 8.011278
CNH 7.99944
COP 4290.886514
CRC 533.520798
CUC 1.173255
CUP 31.091255
CVE 110.814062
CZK 24.36217
DJF 208.511097
DKK 7.472484
DOP 69.807476
DZD 155.414871
EGP 62.775014
ERN 17.598824
ETB 184.201363
FJD 2.570129
FKP 0.864241
GBP 0.863158
GEL 3.144316
GGP 0.864241
GHS 13.136436
GIP 0.864241
GMD 85.647414
GNF 10295.311947
GTQ 8.965435
GYD 245.506393
HKD 9.191291
HNL 31.231437
HRK 7.535932
HTG 153.725313
HUF 362.003077
IDR 20384.717408
ILS 3.45811
IMP 0.864241
INR 111.373802
IQD 1536.96393
IRR 1541656.949892
ISK 143.805466
JEP 0.864241
JMD 183.878547
JOD 0.831868
JPY 183.999313
KES 151.525537
KGS 102.56653
KHR 4707.687454
KMF 492.766707
KPW 1055.929389
KRW 1723.388282
KWD 0.361246
KYD 0.977959
KZT 543.555065
LAK 25788.142975
LBP 105064.976893
LKR 375.055706
LRD 215.732235
LSL 19.546108
LTL 3.464316
LVL 0.70969
LYD 7.450082
MAD 10.854074
MDL 20.219293
MGA 4869.007439
MKD 61.642351
MMK 2463.237101
MNT 4197.730703
MOP 9.46916
MRU 46.895281
MUR 54.861245
MVR 18.132674
MWK 2043.224376
MXN 20.452648
MYR 4.637894
MZN 74.955906
NAD 19.546663
NGN 1614.37562
NIO 43.070165
NOK 10.884579
NPR 178.104316
NZD 1.982771
OMR 0.451104
PAB 1.17349
PEN 4.11519
PGK 5.09046
PHP 72.119932
PKR 327.074167
PLN 4.246878
PYG 7217.425722
QAR 4.274757
RON 5.197052
RSD 117.321989
RUB 87.993368
RWF 1714.712049
SAR 4.399682
SBD 9.435445
SCR 17.459933
SDG 704.550818
SEK 10.811603
SGD 1.493199
SHP 0.875953
SLE 28.864339
SLL 24602.564306
SOS 669.928799
SRD 43.947762
STD 24284.007814
STN 24.884737
SVC 10.268679
SYP 129.673977
SZL 19.545913
THB 38.048375
TJS 11.007269
TMT 4.112258
TND 3.381027
TOP 2.824916
TRY 53.025844
TTD 7.96568
TWD 37.070747
TZS 3062.195542
UAH 51.563774
UGX 4412.59685
USD 1.173255
UYU 46.800573
UZS 14020.396174
VES 573.654487
VND 30901.774408
VUV 138.035069
WST 3.185609
XAF 657.071431
XAG 0.015654
XAU 0.000256
XCD 3.17078
XCG 2.114968
XDR 0.816151
XOF 657.022504
XPF 119.331742
YER 279.952314
ZAR 19.463185
ZMK 10560.703776
ZMW 21.915169
ZWL 377.787602
  • RBGPF

    0.5000

    63.1

    +0.79%

  • BCE

    0.1800

    23.96

    +0.75%

  • GSK

    -0.7000

    51.61

    -1.36%

  • RIO

    0.1000

    100.58

    +0.1%

  • CMSD

    0.1500

    23.28

    +0.64%

  • VOD

    0.3500

    16.15

    +2.17%

  • RELX

    -0.2400

    36.35

    -0.66%

  • RYCEF

    0.5500

    16.35

    +3.36%

  • CMSC

    0.0600

    22.88

    +0.26%

  • NGG

    -1.0600

    88.48

    -1.2%

  • JRI

    -0.0100

    12.98

    -0.08%

  • AZN

    -2.6300

    184.74

    -1.42%

  • BP

    -0.9700

    46.41

    -2.09%

  • BTI

    -0.0900

    58.71

    -0.15%

  • BCC

    -1.1400

    78.13

    -1.46%

Germany: Fuel rage and the 2026 election year
Germany: Fuel rage and the 2026 election year

Germany: Fuel rage and the 2026 election year

The war in Iran and the escalation in the Gulf region are no longer just foreign policy news from afar for Germany. They are having a major impact on people's everyday lives – and in the place where many feel the economic reality most directly: at the petrol pump. As soon as production volumes, transport routes and security situations in the Middle East start to slide, the price of oil jumps, traders factor in risk premiums, and ultimately the geopolitical turmoil ends up in motorists' wallets. That is exactly what is happening at the moment. What is a strategic crisis for governments, stock exchanges and commodity markets becomes a very real cost burden for commuters, families, tradespeople, delivery services and small businesses within hours.

What is particularly explosive is not only the size of the price increases, but also their speed. Just a few days ago, fuel prices in Germany were already high enough for many people. But then a new dynamic set in: within a very short time, petrol and diesel prices shot up, with diesel even exceeding the two-pound-per-litre mark at times and, in some phases, exceeding the price of petrol. This picture alone reveals the nervousness of the market. Because when diesel – despite lower energy taxes – suddenly becomes more expensive than Super E10, it shows how strongly crisis fears, expectations of shortages and market mechanisms are influencing pricing.

For millions of people, this is not a theoretical debate. Those who live in rural areas, work shifts, care for relatives, drive to construction sites, deliver goods or work in the field cannot replace mobility with Sunday speeches. In many regions of Germany, the car is not a convenient additional option, but a prerequisite for work, supplies and everyday life. If the price per litre rises by double-digit cents in a few days, this not only eats into purchasing power, but also directly impacts monthly budgets that are already under pressure. Those who have to fill up three times a week feel the difference not in abstract terms, but as a real additional burden. And those who drive commercially will sooner or later pass on these costs – to customers, to consumers, to the entire price chain.

Text size:

This is precisely where the political explosiveness begins. Public anger is not only fuelled by the global market, but also by the question of whether the international crisis will possibly worsen at German petrol stations because an already difficult market opens up additional scope for high margins. It is no coincidence that suspicion quickly falls on ‘rip-offs’. The fuel market in Germany has long been considered structurally problematic. Regional dependencies, limited alternatives in wholesale, few relevant suppliers in individual areas and an extreme rhythm of price changes create an environment in which consumers hardly feel that they are being treated fairly and transparently. When prices fluctuate constantly throughout the day, uncertainty quickly turns into mistrust.

This mistrust is compounded by a situation in which even politicians are now reacting with alarm. When the ministers responsible announce that price jumps will be investigated under antitrust law and openly warn that the situation should not be abused for excessive mark-ups, this is more than just crisis rhetoric. It is an admission that even the state is well aware of how thin the line between market-driven price increases and the public perception of exploitation has become. Ultimately, what matters to citizens is not whether a surcharge is the result of logistics, risk, anticipation or market psychology. They see the price at the pump – and they wonder why such massive profits are being made in Germany within such a short period of time.

In addition, the new wave of fuel price increases is hitting an already sensitive economic situation. Germany has been struggling with a weak economy for some time, with many companies complaining about high costs and private households about dwindling financial leeway. In such a situation, sharply rising energy prices act as an additional brake. Higher transport costs make supply chains more expensive, put pressure on logistics, squeeze margins in small and medium-sized businesses and increase the risk that price pressure will spread to other areas of everyday life. What starts at the petrol station rarely stays there. It finds its way into bills, services, goods prices and, ultimately, the mood of a country that, after years of crisis, sees yet another burden not as an exception, but as the continuation of a permanent state of affairs.

That is why it is not enough to simply dismiss the outrage as exaggerated. Those who depend on their cars every day do not experience the situation as a geopolitical spectacle, but as a chain of constant impositions. First, the general cost of living rises, then mobility and energy become more expensive again, and at the same time, politicians declare that the development must first be observed, examined and analysed. It is precisely this gap between the government's response and the burden on private individuals that is costing trust. People do not expect miracles in such a situation. But they do expect crises not to be reflexively passed on to those at the top, while relief always arrives later, in smaller amounts or not at all.

The debate about a possible fuel price cap, stricter market supervision or intervention against excessive crisis profits already shows how tense the political situation has become. Because one thing is clear to all those responsible: energy prices in Germany are never just an economic issue. They are a mood issue, a justice issue and, ultimately, an election issue. If citizens get the impression that international conflicts are always passed on to consumers first in this country, while corporations, wholesalers and intermediaries at least raise suspicions of doing good business with fear, then this will not remain without consequences. The anger at the petrol pump then turns into a basic political stance: against the establishment, against those in power, against a system that quickly cashes in during a crisis but is slow to protect.

It remains to be seen how long the new escalation in the Middle East will last and how long the oil and transport markets will remain under pressure. It is also unclear whether some of the recent price jumps will subside once the situation on the trade routes becomes more predictable. But it is already clear that the damage will have far-reaching political consequences. Every fuel receipt that is suddenly noticeably higher serves as a reminder of how vulnerable everyday life, prosperity and trust have become. And every citizen who feels at the petrol pump that they are once again the ones who end up paying for everything will remember who was responsible during this phase.

Motorists are footing the bill at the moment. Politicians could end up paying the price later. Because economic overload, feelings of powerlessness and the suspicion that they will once again be asked to foot the bill in a crisis do not simply disappear. They accumulate. And when they build up, they rarely vent their anger where the price per litre is displayed – but rather where citizens can effectively make their displeasure felt.