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Geopolitical··Severity 8

How is the EU approaching record fuel prices?

Fuel prices have hit record highs across Europe in recent days, driven by soaring oil prices amid the war in the Middle East and Ukrainian strikes on Russian refineries.

However, the scale of the increases, as well as the measures taken to address them, varies significantly from one country to another. Here’s why.

Scenario chain

Probabilities below are model estimates based on the event chain, horizon, and indicators. They are not outcome guarantees, investment advice, or emergency instructions.

A

Эскалация

68%

Forecast derived from cascade analysis. Watch confirmation indicators below.

Primary source: France24

Ваши вероятности A/B/C

C 33%