Because of the current global situation, trade expert Gerrit Heinemann from the Hochschule Niederrhein warns that gasoline prices in Germany could rise sharply. He told “Bild” that a week‑long blockade of the Strait of Hormuz could push the price to as much as 2.60 € per litre. Within two weeks he predicts that the oil price could climb to at least 120 $, which would lift German petrol to 2.30 € per litre or higher. If the strait were cut off for a month, the price could reach 2.60 € for a litre of E10.
Heinemann also points out the danger for diesel. The current range of 1.70 €-1.90 € per litre could jump to 2.20 € in two weeks, and a four‑week sea blockade might drive the price up to 2.50 €.
