The diesel bill in Europe has skyrocketed to unsustainable levels. A recent analysis by the Transport & Environment (T&E) federation reveals that the price increase represents a daily extra cost of 203 million euros for the continent. Without a clear horizon for geopolitical stabilization, the entity urges to accelerate the transition towards electric mobility through incentives for scrapping and more severe emissions regulations that shield Europe from this structural vulnerability. The tight supply of refined products has widened the gap between the price of crude oil and the final price at the pump. This distortion has allowed refineries to reach historic margins and large oil companies to double their quarterly profits... See More