Due to the global energy crisis caused by the conflicts in the Middle East, fuel prices in Spain had increased by approximately 2% in the last month, but prices dropped following the government's decree on March 20, which came into effect on March 22.
News reports in the Spanish press indicated that the decreased petrol and diesel prices in Spain, where the VAT rate on fuel was reduced from 21% to 10%, also attracted the interest of neighboring Portuguese and French citizens.
