Mario Nawfal: European gasoline prices exceed $11 per gallon amid Iran conflict

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22.03.2026

Mario Nawfal: European gasoline prices exceed $11 per gallon amid Iran conflict — Europe gasoline prices above $11

European consumers are facing extremely high gasoline prices, with rates reaching €2.60 a liter, equivalent to over $11 a gallon.

Mario Nawfal suggests that people in Europe should recognize the impact of the Iran conflict on fuel costs, indicating that the burden is being felt at the pump.

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The recent surge in European gasoline prices underscores the broader volatility across global energy markets, reflecting patterns observed during the recent oil price surges as Brent crude exceeded $90. At the same time, persistent market instability has contributed to challenges in liquidity, illustrated by the notable drop in S&P 500 futures liquidity to $5.1 million, further complicating the outlook for both consumers and investors amid heightened geopolitical tensions.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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