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The price of diesel will increase this Tuesday: it will be the highest since April 22.

The increase in the price of diesel in Belgium can be attributed to various economic and geopolitical factors. Here are some common reasons why the price of diesel might rise:

  1. Crude oil price: The price of diesel is directly influenced by the price of crude oil on international markets. An increase in the price of crude oil usually leads to higher prices for derived products, including diesel.

  2. Geopolitical tensions: Tensions in oil-producing regions, such as the Middle East, can disrupt the supply of oil and drive prices up. For example, conflicts, sanctions, or political instability can reduce the production or export of oil. Seasonal demand: The demand for diesel can vary by season. In winter, for instance, the demand for heating increases, which can raise prices. Similarly, during holidays and travel periods, the demand for fuel can rise.

  3. Exchange rates: Fluctuations in the exchange rate between the euro and the US dollar (the currency in which oil is typically traded) can also affect the price of diesel. A depreciation of the euro against the dollar can make oil more expensive for European buyers.

  4. Taxes and regulations: Government policies, including fuel taxes and environmental regulations, can influence prices. An increase in taxes or the costs of complying with environmental standards can be passed on to the price of diesel. In summary, the rise in the price of diesel this Tuesday in Belgium, reaching the highest level since April 22, is likely the result of these combined factors. For a precise explanation of the current increase, it would be useful to consult recent analyses or economic reports specific to the Belgian market and international conditions.

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