Zero warns Portugal is exposed to oil market volatility
Environmental association Zero said Portugal remains highly exposed to international oil-market swings and urged faster electrification and investment in public transport to reduce fossil-fuel dependence. The group linked fuel-price rises to higher inflation and cost-of-living pressures, calling for policy steps to shield households and improve competitiveness. Those tracking energy and transport costs should watch national and local plans for public-transport electrification.
Update: Brent up 25%; crude could hit $150
Recent market moves have pushed Brent nearly 25% higher since the start of the latest Middle East hostilities; some analysts say the barrel could top $100 and might reach $150 if production is disrupted further, a prospect that would put additional upward pressure on fuel prices and inflation.
Zero is a Portuguese environmental NGO that tracks energy use, emissions and climate policy; in 2025 it reported electricity consumption reached 53.1 TWh and that increased reliance on gas raised CO2 emissions by about one million tonnes. Its analyses shape public debate and policy on the energy mix, which influences electricity costs, climate targets and regulatory changes that affect households and businesses.
