On Wednesday morning, the price of diesel rose by SEK 1.25 per liter to SEK 28:22.

The petrol price rose by 35 öre to SEK 23.34.

The prices that are recommended target prices for private individuals at manned stations are now the highest ever in Sweden.

The government is now preparing a support package, says Minister of Finance Mikael Damberg (S) to TT.

One of the many affected industries is the taxi industry, where the vast majority of cars run on diesel.

In the clip, you meet taxi drivers in Helsingborg who are worried about the rising fuel prices.

Price increase of 70 percent

Since January 2021, fuel costs have increased by more than 70 percent, according to the Swedish Taxi Association's calculations.

- Many entrepreneurs in the industry are personally indebted after the pandemic.

Now fuel prices have dropped dramatically and this is pulling the rug away for many completely, says Bawer Coskun, union director at the Swedish Taxi Association.

Bawer Coskun believes that rapidly increasing prices for customers is not an easy solution.

- Half of all taxi rides are commissioned by society.

We run transport services, children and the sick.

These are contractual agreements that cannot be increased in any way.