Lisbon, Mar. 6, 2026 (Lusa) - Fuel prices in Portugal are expected to rise next week amid tensions in the Middle East, with regular diesel rising by around 25 cents per litre and petrol by seven cents, according to a market source.
The same source explained to Lusa that the final average will only be confirmed at the end of the day and may still change depending on the evolution of international oil prices.
Based on current figures, from Monday, the average price of regular 95 petrol is expected to be €1.773 per litre, while regular diesel could reach €1.884 per litre, according to prices released by the Directorate-General for Energy and Geology (DGEG).
However, the cost of fuel at the pump varies by filling station, brand, and the area of the country where the station is located.
The issue of fuel prices has been in the political spotlight, with the prime minister acknowledging that the government may proceed with an extraordinary, temporary ISP discount to offset a possible rise of more than 10 cents from last week's price.
According to Luís Montenegro, this measure aims to return the additional VAT revenue to families and businesses, mitigating the direct impact on their wallets.
The price increase comes amid rising international oil prices, pressured by geopolitical tensions in the Middle East, which have caused strong volatility in energy markets.
On 28 February, the United States and Israel launched a military attack against Iran, killing Ayatollah Ali Khamenei, the country's supreme leader since 1989, during the offensive.
The Iranian Leadership Council is currently in charge of the country.
Iran closed the Strait of Hormuz and launched retaliatory attacks against targets in Israel, US bases, and other infrastructure in countries in the region, such as Saudi Arabia, Bahrain, the United Arab Emirates, Qatar, Kuwait, Lebanon, Jordan, Oman, and Iraq. Incidents involving Iranian projectiles were also reported in Cyprus and Turkey.
Since the beginning of the conflict, more than 1,000 people have been killed, most of them Iranians.
SCR/ADB // ADB.
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