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Iran war impacts Swiss fuel pumps, tourism and economy

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Fuel prices in Switzerland are already being affected by the conflict in Iran, with the price of diesel rising by 22% to CHF2.13 per litre. +Get the most important news from Switzerland in your inbox Unleaded 95 petrol rose by 11% to CHF1.82 and unleaded 98 petrol rose by 10% from CHF1.77 to CHF1.95, according to the Touring Club Schweiz (TCS), which monitored price developments at petrol stations in Switzerland. The analysis involved 3,500 petrol stations between February 28 and March 28. However, the data is based on user data and has not been verified. According to TCS, "thanks to the collective intelligence and broad coverage, this data nevertheless represents a realistic indicator of the current price development at Swiss petrol stations." The global rise in oil prices due to the Middle East conflict could cost Switzerland nearly CHF5 billion ($6.3 billion) per year in additional energy costs, one researcher told Swissinfo.ch. This estimate from Cyril Brunner, a researcher at ... Full story here Are you the author?
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Swissinfo
SWI swissinfo.ch – the international service of the Swiss Broadcasting Corporation (SBC). Since 1999, swissinfo.ch has fulfilled the federal government’s mandate to distribute information about Switzerland internationally, supplementing the online offerings of the radio and television stations of the SBC. Today, the international service is directed above all at an international audience interested in Switzerland, as well as at Swiss citizens living abroad.
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