German Chancellor apologises to citizens as fuel prices hit record high

German Chancellor Friedrich Merz has apologised to citizens for soaring global oil prices triggered by the U.S.-Iran conflict, which has lingered for over six months, and said his government will draft proposals to mitigate the harsh impact of the hike.

Gasoline prices in Berlin hit a record high of about €2.4 per litre on Tuesday as the world grapples with a global oil crisis following the closure of the Strait of Hormuz, according to a report by Peoples Gazette.

Merz said his government was collaborating with states to create relief packages, as prices hit new highs this week after multiple attacks on a Saudi pipeline serving as an alternative exporter. “Fuel prices have become too heavy a burden for many people,” he said. Saudi authorities said the pipeline was struck by drones from Iraq on September 10. In Abuja, petrol sold as high as ₦1,600 per litre.