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Portuguese paid an additional 1,300,000,000€ in fuels than expected just in the first semester: "Situation is becoming dramatic"Photo by nivaldomartins on Pexels
Business
Energy

Portuguese paid an additional 1,300,000,000€ in fuels than expected just in the first semester: "Situation is becoming dramatic"

CNN Portugal12 September 2026 at 23:13

Portuguese paid an additional 1.3 billion euros in fuels than expected, only in the first semester. The information was advanced by António Costa Silva, former Minister of the Economy, on CNN Portugal.

Costa Silva pointed as an example the "unsustainable" situation the country faces, referring to the price difference between Portugal and Spain. The former government official warned about the impact of this disparity on Portuguese consumers.

The former Minister of the Economy also warned about the price differential between the Brent barrel price and diesel oil, which already rounds 100 dollars, with diesel surpassing the 200-dollar per barrel barrier.

Costa Silva considered that this situation is becoming "dramatic" and "unsustainable" for consumers and for the country.

Why this matters

Portuguese readers are directly affected by these increases in fuel prices, which represent an additional cost of 1.3 billion euros. The comparison with Spain shows that national consumers pay more than their neighbors, which may impact purchasing power and consumption decisions. Costa Silva's warning comes following the upward trend in international oil and derivatives prices.

About this summary

This is our short summary of a report published by CNN Portugal on 12 September 2026 at 23:13; the full text stays with the publisher. In our feed it sits under Business. We currently carry 22033 items in that section.

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