Diesel price nears record as Strait of Hormuz disruptions push oil above $100

Belgian diesel B7 max price rises 5.1 cents to €2.407/L, approaching its April 2026 record of €2.489, as Brent crosses $100 for the first time since the escalation. The increase is driven by Middle East conflict and Strait of Hormuz shipping disruptions, with further price hikes announced by the SPF Economy. This signals sustained energy inflation pressure on European consumers and businesses.