The Romanian government has approved an emergency decree declaring a state of emergency in the oil and petroleum products market for the period from April 1 to June 30, 2026, and has introduced a package of measures to protect the economy and the population. The key measure involves price controls through restrictions on commercial markups. The maximum aggregate markup across the supply chain for gasoline, diesel, and certain raw materials used in their production is capped at 50%, and penalties ranging from 0.5% to 1% of a company’s annual turnover are imposed for exceeding these limits.
Romanian authorities explain that the emergency measures are being introduced amid rising global oil prices, increased insurance and logistics risks, and the country’s high dependence on imports.
As of March 27, fuel prices in Bucharest were:
gasoline: 9.19–9.23 lei per liter (about 1.85–1.86 euros);
diesel fuel: 10.26–10.36 lei per liter (about 2.06–2.08 euros).
Economist Adrian Negrescu warned that if external pressure persists, prices for premium diesel could rise to 12–13 lei per liter (about 2.4–2.6 euros).