Eurozone Fuel Sales Fall 3.5% as Iran War Sends Prices Surging

Automotive fuel sales in the Eurozone slumped by the most in two and a half years in April as drivers reduced gasoline and diesel purchases as prices jumped in the wake of the Iran war.

Sales of automotive fuel in specialized stores declined in the Eurozone by 3.5% in April from a year earlier, while the EU sales of motor fuel fell by 2% year over year, data from Eurostat, the EU statistics office, showed.

The flop in Eurozone fuel sales was the steepest since October 2023, and was the first annual drop since July 2024, as oil prices spiked in…