IRU is the trusted voice for mobility and logistics, upholding the interest of bus, coach, taxi and truck operators as well as the broader mobility and logistics industry.
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Ceasefire holds Brent below 100, pump prices still high but ease slightly
On 17 April 2026, Brent reached USD 98.83 a barrel, up 35% since 27 February, while the week-on-week move was flat at +0.6%. Although huge price gaps remain between countries, EU diesel averaged EUR 2.07 per litre, up 27% cumulatively since the start of the war, down from 33% last week. A similar slight easing of pump prices was also seen in Brazil, Türkiye and the US, but not China. Here is the latest overview for the road transport sector.
War pump prices still way up
As of 10 April 2026, traffic through the Strait of Hormuz remains severely restricted, with only 5–7 vessels transiting daily versus over 100 pre-war. Brent crude reached USD 97.08 a barrel, down 11.5% from last week's peak of USD 119.24 but still 33% above the pre-war baseline. Here is the latest overview for the road transport sector.
Ever more uncertainty: European road freight dynamics 2024 to 2026 and beyond
IRU’s new Intelligence Briefing, along with the accompanying webinar, is now available for download. It provides a data-grounded view of where road freight is heading in a time of heightened geopolitical uncertainty.
Fuel crisis: IRU calls for urgent EU transport minister action
As the fuel market crisis intensifies across the EU, IRU has urged its transport ministers to take immediate and coordinated EU-level action to keep supply chains moving and protect people’s mobility.