Belgian heating oil max price hits 5-month high on Middle East conflict

Belgium's SPF Economy raised the maximum heating oil price to €1.4958/litre for small orders and €1.4553/litre for large orders, up 0.8 cent each, citing international petroleum quotations. The increase is attributed to Middle East conflict-driven price rises, marking the highest level in five months. This reflects ongoing energy price pressure in Europe from geopolitical tensions.