What’s causing the European diesel price spike?

Strait of Hormuz blockade from Iran tensions slashed oil supply, pushing crude over $100/barrel—taxes make it worse locally.

How are freight rates changing in Europe right now?

Immediate corrections upward, varying 20-40% by country as diesel eats margins—expect more hikes.

Some like Spain/Italy considering, but Germany/France say no—watch for political U-turns if protests erupt.

🚚 Logistics & Freight

Europe's diesel pumps are on fire, and freight rates are the first casualty. Blame the Strait of Hormuz blockade—truckers can't afford to roll.

Supply Chain Beat Apr 11, 2026 3 min read

Diesel prices spiked asymmetrically across Europe due to Hormuz blockade and local taxes. 𝕏
Governments split: North rejects aid, South mulls cuts—but none yet. 𝕏
Freight rates face sharp upward corrections; small operators hit hardest. 𝕏

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#European freight rates #Strait of Hormuz #Strait of Hormuz blockade #diesel price spike #diesel price spikes #diesel prices Europe #supply chain diesel crisis #supply chain shock

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Originally reported by Talking Logistics