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Action on aerospace is part of the Commission’s Accelerate EU
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Action on aerospace is part of the Commission’s Accelerate EU

Because the conflict in the Middle East is heavily impacting global energy markets, with a knock-on effect on the economy, industry and households, the Commission is taking specific action with notable measures in relation to the transport sector. To ensure sufficient availability of transport fuels and preserve the effective functioning of the single market, the Commission will step up European coordination on the optimisation of fuel distribution across Member States.

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Eurostat identifies significant increase in fuel prices in March 2026

UUntil February 2026, the price of fuels and lubricants for personal transport in the EU was generally decreasing, for the EU average and for most of EU countries. However, it increased significantly in March 2026, according to Eurostat. In March 2026, the price of fuels and lubricants in the EU increased by 12.9% compared with March 2025.

$100bn: turning clean fuel ambition into progress by 2030
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$100bn: turning clean fuel ambition into progress by 2030

Global investment in clean fuels will need to quadruple by 2030 to meet global clean fuel ambitions, according to a new World Economic Forum report 'Fuelling the Future: How Business, Finance and Policy can Accelerate the Clean Fuels Market', developed in collaboration with Bain & Company. Highlighting the potential of the sector to stimulate job growth and diversify energy supply, the report sets out policy, business and financing measures that can turn global goals into credible, economically viable projects.