Newsroom

As of 5 June 2026, Brent crude is trading around USD 95 a barrel, a 3% reduction since 22 May. However, it has seen great volatility since 28 May, trading between USD 91 and USD 99 a barrel. Here is the latest overview for the road transport sector, including pump prices.

On 22 May 2026, Brent crude is trading at around USD 105 a barrel, down 4% from last week. Diesel pump prices have started to ease in several markets, but the European fiscal-cliff calendar is now densely packed into the last week of May and the first week of June. Here is the latest overview for the road transport sector.

On 8 May 2026, Brent crude is trading around USD 100 a barrel, around 20% lower than a week ago. Diesel pump prices in the EU are easing on the back of the crude unwind and five fiscal packages all simultaneously in force for the first time since the war in Iran. Here is the latest overview for the road transport sector.

On 30 April 2026, Brent crude is trading near USD 126, the highest level since 27 February and up around 18% week on week. The European market is heading into the 1 May Labour Day holiday with a tight cluster of national fiscal policy decisions. Here is the latest overview for the road transport sector.

On 24 April 2026, Brent was trading above USD 105 a barrel despite the indefinite extension of the US–Iran ceasefire announced on 21 April. Diesel pump prices in the EU fell week on week, but stabilised over the last few days, marking a halt to the downward trend. Here is the latest overview for the road transport sector.

On 17 April 2026, Brent reached USD 98.83 a barrel, up 35% since 27 February, while the week-on-week move was flat at +0.6%. Although huge price gaps remain between countries, EU diesel averaged EUR 2.07 per litre, up 27% cumulatively since the start of the war, down from 33% last week. A similar slight easing of pump prices was also seen in Brazil, Türkiye and the US, but not China. Here is the latest overview for the road transport sector.

As of 10 April 2026, traffic through the Strait of Hormuz remains severely restricted, with only 5–7 vessels transiting daily versus over 100 pre-war. Brent crude reached USD 97.08 a barrel, down 11.5% from last week's peak of USD 119.24 but still 33% above the pre-war baseline. Here is the latest overview for the road transport sector.

As of 2 April 2026, the energy shortage is worsening across multiple fronts, with diesel bearing the heaviest impact, forcing governments to take action. Here is the latest overview for the road transport sector.

IRU’s new Intelligence Briefing, along with the accompanying webinar, is now available for download. It provides a data-grounded view of where road freight is heading in a time of heightened geopolitical uncertainty.

The war is entering its fifth week. A fragile diplomatic window has opened, but with no ceasefire in sight, energy markets remain tense. Here is the latest overview for the road transport sector.

As the fuel market crisis intensifies across the EU, IRU has urged its transport ministers to take immediate and coordinated EU-level action to keep supply chains moving and protect people’s mobility.

As of 20 March 2026, attacks on critical energy hubs have pushed global oil and fuel prices higher. Here is the latest overview for the road transport sector.

With conflict disrupting transport routes and commercial operations across the Middle East, the TIR transit system is once again keeping supply chains afloat, enabling the secure and efficient movement of essential goods.

Surging diesel prices and tightening fuel supply are putting EU transport operators under immediate pressure and risk disrupting logistics chains. IRU is calling on the European Commission to urgently coordinate an EU-wide response to stabilise fuel markets and ensure the continued flow of goods.

As of 13 March 2026, global oil and fuel prices continue to rise. Here is the latest overview for the road transport sector.

IRU, the world road transport organisation, urges governments to immediately release oil reserves to curb rising commercial road transport fuel prices.

As of 5 March 2026, global oil and fuel prices are trending upwards, driven by geopolitical tensions and supply disruptions in the Middle East. Here is an overview.

At the Economic Cooperation Organization (ECO) ministerial meeting yesterday, IRU made a clear case: trade thrives where transport is digital and drivers are professional.

‘What does gender have to do with it?’ Passionate about driving, Maryam Fayaz was determined to join her husband on the road. Her persistence paid off. Here’s her story in her own words.

At a recent meeting held at IRU in Geneva, US and global trucking industry stakeholders compared and addressed solutions to key challenges undermining road goods transport operations.

In light of Iran’s growing role in regional transit and trade, IRU’s Secretary General was in Iran to discuss how the country can continue along this path.

IRU and the Iranian road transport sector look to harmonise trade and transit along the international east-west and north-south transport corridors and continue expanding TIR.

In light of Iran’s growing role in regional trade, IRU and Iran’s private and public sectors held high-level talks this week on avenues for further expansion.

In anticipation of Iraq’s accession to TIR, Iranian customs and the country’s national TIR association trained an Iraqi delegation from road transport authorities earlier this month in Tehran.

IRU’s Secretary General has met a delegation from the Iranian Ministry of Foreign Affairs to discuss road transport and transit in Iran and in the region in light of the Covid-19 pandemic and the war in Ukraine. 

The Economic Cooperation Organization (ECO) has adopted “strengthening connectivity” as its main theme for 2022 highlighting the crucial role of transport in integrating the economies of the region.

An Economic Cooperation Organization (ECO) High Level Expert Group on the Islamabad-Tehran-Istanbul (ITI) transport corridor met yesterday virtually.

The first TIR intermodal operation from the United Arab Emirates (UAE) to Turkey, via Iran, has been successfully completed with an Emirati truck arriving in the Mediterranean port of Iskendarun today.

IRU Secretary General Umberto de Pretto has greeted the successful arrival of two trucks in Istanbul today, launching TIR along the important new Islamabad-Tehran-Istanbul (ITI) trade corridor.

The Economic Cooperation Organization’s (ECO) Customs Transit Committee have met to assess and discuss the latest status of transit and border crossing developments in the region. 

The explosion of a fuel tanker at the customs office of the Islam Qala border crossing between Afghanistan and Iran has destroyed over 500 vehicles, leaving many injured, some fatally, and causing an estimated USD 40 million in damage.

A new Ro-Ro service activates several TIR corridors across the Caspian Sea, connecting Iran, Russia and Kazakhstan. It’s great to see another example of TIR being used to drive intermodal trade and economic development in this region.

IRU and the Economic Cooperation Organization (ECO) have published two studies on the potential of trade corridors linking Kyrgyzstan-Tajikistan-Afghanistan-Iran (KTAI) and Islamabad-Tehran-Istanbul (ITI). 

Following several successful pilot operations in Central Asia and the Persian Gulf, a new TIR corridor has been activated from Iran to Uzbekistan, using the route via Afghanistan for the first time.

The TIR system is driving development and prosperity by opening the Kyrgyzstan-Tajikistan-Afghanistan-Iran (KTAI) trade corridor.