Latest news and stories about fuel prices in environment in Portugal for expats and residents.
The Portuguese government is increasing the temporary ISP tax discount on diesel and petrol to mitigate expected price hikes caused by geopolitical instability in the Middle East, despite projected increases at the pump.
The article analyzes the economic impact of rising fuel prices in Portugal, highlighting the inflationary pressure on essential goods and the government's perceived inaction compared to neighboring Spain. It advocates for targeted fiscal interventions to support families and businesses while questioning the long-term sustainability of current tax policies.
David Pontes argues that a combination of energy conservation and price adjustments is a necessary and responsible strategy to address the current energy crisis.
Prime Minister Luís Montenegro faces a heated parliamentary debate as opposition parties criticize the government's response to rising fuel prices triggered by the conflict in Iran.
The Minister of Environment and Energy, Maria da Graça Carvalho, explained on CNN Fim de Tarde the Government's options for helping the population and vulnerable sectors of the economy due to the rise in fuel prices.
The Minister of Environment expresses criticism towards the opposition regarding fuel policies.
The conflict has led to a significant increase in fuel prices, resulting in an additional expenditure of €1.3 billion for the Portuguese economy.
The President of Ukraine says that Moscow intends to reach 2027 with half a million soldiers on the ground. Also in this edition, Iran threatens to retaliate against the US economic war.
IPMA forecasts occasional heavy showers, accompanied by thunderstorms and strong winds. Furthermore, the PCP leader guarantees that if the AD executive wants to 'get its hands' on taxpayers' money, it will be defeated.
Access the digital edition of the Diário de Notícias newspaper for Monday, August 24.
The study was requested by the Minister of Environment and Energy during a period of high volatility in international energy markets.
Markets react with optimism to the pause in bombing, following two weeks of strikes. Additionally, mainland Portugal is under a yellow weather warning for heat until Tuesday, with the exception of Faro.
The King of Spain highlighted that “there are some positive signs in the evolution of the fire and the work of all the mobilized personnel”. Additionally, the PS criticises the Government for the rise in fuel prices.
A policy that costs a lot and measures little is not an environmental policy, it is a moral policy, which uses the environment as a foundation and the citizen as a financier.
The escalation between Washington and Tehran and Houthi attacks on oil tankers in the Red Sea have pushed crude to a new two-month peak, threatening to stall disinflation and increase energy costs.
Repsol's profits more than tripled by June compared to the same period last year, totalling 2.201 billion euros (+265%), reflecting the rise in crude oil and derivative prices. According to data reported this Thursday to Spain's National Securities Market Commission (CNMV), the company's adjusted net profit, which measures business performance, reached 2.711 billion euros, a 134.7% increase year-on-year, in a volatile global context with energy market tensions stemming from the war in Iran. In its earnings report, the Spanish multinational attributes the increase in net profit to a positive impact of 823 million euros on equity, contrasting with the first half of 2025, when it was unfavourable by 400 million euros due to falling crude oil and derivative prices. According to information released to the market, Repsol—which has no assets in the Middle East—has already allocated 2.4 billion euros in the first half of the year to increase stocks and ensure the continuity of energy supply. In a statement, the company revealed that the Board of Directors approved a second share buyback programme of up to 500 million euros, in addition to the 350 million programme already completed. The company expects to announce a third buyback programme in October. In the same note, the company's CEO, Josu Jon Imaz, states that the conflict in Iran has shown the importance of supply security and the essential role of oil and gas in meeting global demand, stressing that Repsol maintains its commitment to 'meeting society's needs', 'strengthening fuel production and applying additional discounts to its customers during a crucial period for Spanish tourism'. Repsol profits soared 153.8% to 929 million euros in the 1st quarter.
The war in the Middle East has once again put energy markets under pressure and placed fuel pricing at the centre of the debate.
In four months, the world has adjusted to the closure of the Strait of Hormuz. But the shockwaves have hit refining capacity, impacting fuel prices, which Russia could exacerbate.
Russia is facing a fuel crisis. The country, one of the world's largest oil producers, is losing between 20 and 40 percent of its refining capacity as a result of the war with Ukraine.
The measure follows the adoption by Moscow, in recent months, of other restrictions to respond to fuel supply disruptions.
The Minister of Environment wants to know why the decrease in fuel prices is slower than the increases following the conflict in the Middle East. Additionally, the Government anticipates an increase in mortality due to the heatwave.
The Government views the agreement between the United States and Iran as “very good news” and expects it to “lower fuel prices in general” and remove the risk of supply shortages, stated the Minister of Environment and Energy, Maria da Graça Carvalho, this Monday. US President Donald Trump announced on...
The price of coloured and marked diesel used in agriculture was set at 1.633 euros per litre, and the price of coloured and marked diesel used in fishing at 1.443 euros per litre.
The executive director of the International Energy Agency (IEA), Fatih Birol, warned that the 'cushion' of commercial oil reserves accumulated before the war in the Middle East and the closure of the Strait of Hormuz will run out in a matter of weeks. The reserves are 'depleting very quickly', Birol warned in statements to the press during the first day...
Pedro Silva, an energy market specialist at DECO PROteste, analyses how circulation anomalies in the Strait of Hormuz could trigger and leverage a transformation in the energy market.
In a context still marked by geopolitical risks in the Middle East, with effects on fuel prices and risks to energy supply in the European Union (EU) – as well as access to raw materials such as fertilisers or chemicals – it is important to analyse not only Portugal's energy dependence, but also the efficiency with which it uses...
The fuel crisis caused by the war in Iran is being used by Brussels to try to accelerate a structural transformation towards clean energy and energy efficiency. However, the countries' response is primarily focused on measures for immediate mitigation of the impact of rising prices and the potential political 'cost' it may bring them.
There was an agreement to reopen the Strait of Hormuz.
An average of 509 electrified cars were sold per day up to March, with the war in Iran putting upward pressure on diesel and petrol prices.
The National Confederation of Agriculture demands that the support amounts “be adjusted to the needs”.
