Fuel prices have made another strong leap upwards.

According to ADAC, diesel cost an average of 2.150 euros on Tuesday, 12 cents more than the day before.

For a liter of Super E10, drivers had to pay an average of 2.103 euros at German petrol stations, almost 10 cents more than the day before.

As the ADAC announced on Wednesday in Munich, diesel became 39.4 cents more expensive in just one week.

Drivers in Germany had to pay 27.6 cents more for the Super E10.

Main driver oil price

The main drivers of the rise at the pump so far are oil prices, which have soared in the wake of the war in Ukraine and sanctions against Russia.

The strong dollar amplifies the effect as oil is traded in dollars and German buyers pay in euros.

Added to this is the unusually strong demand for heating oil.

Even before the Russian war against Ukraine, fuel prices in Germany had risen to record highs.

The increase over the year is huge: in March last year, diesel cost 1.315 euros per liter and Super E10 1.454 euros.

The development is also driving the debate about relief.

ADAC Transport President Gerhard Hillebrand demanded: “In the short term, the federal government should examine a temporary reduction in VAT on fuel and heating oil.

These could have an immediate effect and achieve a broad relief effect.”

Oil prices also continue to rise

Meanwhile, the US ban on imports of Russian oil and gas further boosted oil prices on Wednesday.

Speculations about supply bottlenecks on the world markets increased the price of the North Sea variety Brent by 2 percent to $130.49 per barrel (around 159 liters).

The price of US WTI light oil rose 1.6 percent to $125.63 a barrel.

Oil prices are up more than 30 percent since Russia invaded Ukraine and the United States and other countries imposed a raft of sanctions.

However, Russian oil and gas exports were already being shunned before the ban as traders braced themselves for future sanctions.

With the import ban on Russian oil, the USA is now moving ahead without its European allies, while the German government has so far spoken out against it.

Great Britain also announced the end of oil imports from Russia.

The US and the UK are significantly less dependent on Russian energy sources than the Europeans.

According to analysts, Russia, as the world's second largest oil exporter, will clearly feel the effects of the measures.

Goldman Sachs expects more than half of the Russian oil exported from ports to be stranded.

JP Morgan estimates that around 70 percent of Russia's sea oil will struggle to find buyers.

Fears of supply disruptions from Russia are likely to fuel prices further, said Hiroyuki Kikukawa, investment strategist at Nissan Securities.

"But Monday's highs are likely to cap in the near term as speculative buying is expected to slow soon and northern hemisphere countries head for spring as fuel demand falls." Prices were at their highest levels on Monday jumped since July 2008, Brent had at 139,