10 Jun 2026
Higher fuel costs, inflation and economic pressure expected to reduce miles driven beyond duration of conflict
London - The ongoing Middle East conflict is expected to continue impacting European vehicle mileage and replacement tire demand well beyond the end of hostilities, according to a market update released by Tyres Europe.
In a report, prepared by Astutus Research and released 7 May, Tyres Europe said the conflict is affecting mobility through “elevated fuel prices and broader macroeconomic pressure from higher general inflation and the threat of rising interest rates.”
While fuel shortages have so far been avoided, Europe remains heavily dependent on imported diesel supplies, particularly from the Middle East and the US, after sanctions curtailed Russian supply...
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