"Any sector that includes road fuels in the [value] chain will face additional costs because prices have been trending upwards in recent months," warned Nuno Figueiredo, spokesperson for DECO PROteste, the Portuguese consumer-rights organisation, at a time when retail prices for these energy products in Portugal are several dozen cents higher than on the day the Iran war began.
Despite the slight relief in fuel prices recorded on Monday, monitoring by the Directorate-General for Energy and Geology (DGEG) shows that on 28 February, when the conflict broke out, the average price of standard diesel and standard 95 octane petrol in mainland Portugal stood at €1.596 and €1.681 per litre respectively.
