IRU members have unanimously adopted a resolution calling for a fuel crisis mechanism and urging governments to work with road transport operators on the development of contingency plans.The conflict in the Middle East has severely disrupted trade routes and energy markets. For the road transport industry, the energy shock has been amplified by fuel excise duties and VAT.
Most road transport operators, more than 90% of which are SMEs, operate on margins of only 1–3%, leaving them with no buffer to absorb such sudden increases.
A 10% increase in fuel prices within one week and/or single-day price volatility above 10% constitute clear signs of a fuel crisis.
To ensure the long-term resilience of essential mobility networks and supply chains, as well as maintaining vital road transport services during a crisis, IRU calls on governments to enact the following fuel crisis mechanism:
Immediate action – Phase 1: Beginning of the crisis
