New fuel station regulation could take effect before Easter - Oil prices surge near $100 as U.S. eases Russian sanctions amid backlash

Oil prices have stayed high as global tensions rise, with Brent crude reaching $100.43 per barrel on Friday morning. The U.S. has temporarily eased sanctions on Russian oil to boost supply, but the move has sparked criticism from European leaders.

The U.S. announced on 13 March 2026 that it would suspend some sanctions on Russian oil until 11 April. The decision allows buyers to purchase up to 100 million barrels of Russian crude already loaded onto ships before 12 March. U.S. Treasury Secretary Scott Bessent claimed the measure would not significantly benefit Russia financially, though critics argue it could still fund Moscow's war in Ukraine.

Fuel prices in Germany dropped slightly for two days in a row, with E10 petrol at €2.006 per litre and diesel at €2.130 per litre on Thursday. But by Friday morning, prices climbed again as oil markets remained volatile. The conflict with Iran has pushed Brent crude near $100, adding pressure to fuel costs.

Germany's government is considering a rule to limit fuel price increases to once per day. The proposal, which needs approval from the Bundestag and Bundesrat, could take effect before Easter. Meanwhile, Chancellor Friedrich Merz condemned the U.S. decision, calling it uncoordinated with G7 partners. EU Council President Antonio Costa described the move as 'deeply concerning' for European security.

Economic experts warn that the Iran conflict will slow Germany's growth but is unlikely to trigger a full crisis. Clemens Fuest, head of the Ifo Institute, said the impact would be manageable despite rising energy costs.

The temporary easing of U.S. sanctions allows Russian oil in transit to reach global markets until mid-April. German drivers face fluctuating fuel prices, while lawmakers debate stricter controls on daily increases. The decision has drawn sharp criticism from Berlin and Brussels, with concerns over its long-term effects on European energy security.