The Japan Times - Germany: Fuel rage and the 2026 election year

EUR -
AED 4.314542
AFN 75.188798
ALL 95.50232
AMD 434.685711
ANG 2.102802
AOA 1078.489545
ARS 1630.405842
AUD 1.624089
AWG 2.116154
AZN 1.993494
BAM 1.949611
BBD 2.366876
BDT 144.460797
BGN 1.959729
BHD 0.44332
BIF 3495.105967
BMD 1.174826
BND 1.487771
BOB 8.120188
BRL 5.802815
BSD 1.175164
BTN 111.18856
BWP 15.725014
BYN 3.318651
BYR 23026.580489
BZD 2.363487
CAD 1.602303
CDF 2720.895706
CHF 0.915212
CLF 0.026764
CLP 1053.372149
CNY 8.00203
CNH 8.004193
COP 4378.351553
CRC 536.195574
CUC 1.174826
CUP 31.132877
CVE 110.37469
CZK 24.334868
DJF 208.790327
DKK 7.472707
DOP 69.961202
DZD 155.382461
EGP 61.915423
ERN 17.622383
ETB 184.568176
FJD 2.566348
FKP 0.865403
GBP 0.864337
GEL 3.148722
GGP 0.865403
GHS 13.216825
GIP 0.865403
GMD 86.349359
GNF 10314.968458
GTQ 8.970485
GYD 245.818607
HKD 9.203877
HNL 31.28559
HRK 7.534036
HTG 153.776315
HUF 358.465708
IDR 20345.27617
ILS 3.411229
IMP 0.865403
INR 111.156703
IQD 1539.021451
IRR 1542545.927372
ISK 143.822247
JEP 0.865403
JMD 185.163777
JOD 0.832907
JPY 183.775631
KES 151.764066
KGS 102.703834
KHR 4715.158829
KMF 492.252176
KPW 1057.347088
KRW 1701.535284
KWD 0.361787
KYD 0.979287
KZT 544.180193
LAK 25810.917201
LBP 105007.19832
LKR 376.204145
LRD 215.668583
LSL 19.425704
LTL 3.468954
LVL 0.71064
LYD 7.448633
MAD 10.806633
MDL 20.200787
MGA 4887.273818
MKD 61.631388
MMK 2466.604066
MNT 4205.463669
MOP 9.484551
MRU 46.876208
MUR 54.958548
MVR 18.156884
MWK 2046.546491
MXN 20.277785
MYR 4.611196
MZN 75.083439
NAD 19.425749
NGN 1600.100479
NIO 43.139817
NOK 10.921119
NPR 177.901497
NZD 1.973319
OMR 0.451734
PAB 1.175164
PEN 4.067833
PGK 5.096687
PHP 71.453152
PKR 327.511976
PLN 4.233128
PYG 7192.168576
QAR 4.281086
RON 5.264978
RSD 117.363844
RUB 87.82084
RWF 1715.245281
SAR 4.399984
SBD 9.421433
SCR 16.370032
SDG 705.481542
SEK 10.860381
SGD 1.490037
SHP 0.877126
SLE 28.958762
SLL 24635.499555
SOS 671.414277
SRD 43.951417
STD 24316.516614
STN 24.906301
SVC 10.282315
SYP 130.644943
SZL 19.431953
THB 37.888297
TJS 10.981891
TMT 4.117764
TND 3.374685
TOP 2.828698
TRY 53.1421
TTD 7.963686
TWD 36.90538
TZS 3045.36277
UAH 51.524613
UGX 4418.953297
USD 1.174826
UYU 47.220101
UZS 14186.018073
VES 579.772213
VND 30927.282213
VUV 138.92362
WST 3.198563
XAF 653.87849
XAG 0.015197
XAU 0.00025
XCD 3.175025
XCG 2.117968
XDR 0.818182
XOF 654.96451
XPF 119.331742
YER 280.342738
ZAR 19.278928
ZMK 10574.840667
ZMW 22.240304
ZWL 378.293343
  • RBGPF

    0.0800

    63.18

    +0.13%

  • AZN

    3.6800

    184.92

    +1.99%

  • RYCEF

    1.0500

    17.5

    +6%

  • CMSC

    0.1300

    23.01

    +0.56%

  • RIO

    5.0100

    105.51

    +4.75%

  • NGG

    0.2100

    87.85

    +0.24%

  • GSK

    0.1500

    50.53

    +0.3%

  • BCE

    0.1300

    24.23

    +0.54%

  • VOD

    0.3900

    16.13

    +2.42%

  • RELX

    -0.4100

    35.75

    -1.15%

  • CMSD

    0.1300

    23.42

    +0.56%

  • BTI

    0.1600

    59.56

    +0.27%

  • JRI

    0.1300

    13.17

    +0.99%

  • BCC

    2.1100

    74.24

    +2.84%

  • BP

    -1.8700

    44.63

    -4.19%

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.