Gasoline prices in the Netherlands are set to reach a new record high of approximately €2.668 per liter on Wednesday, according to consumer collective UnitedConsumers. This surpasses the previous record of €2.646 set in early May. The increase is largely attributed to ongoing geopolitical tensions, specifically the conflict involving the US and Iran, impacting oil tanker traffic through the critical Strait of Hormuz. Recent US attacks on Iranian targets have further exacerbated the situation, driving up prices. While prices at highway gas stations are expected to reflect this increase, consumers can find lower prices at stations further from highways and unmanned facilities. Diesel prices, though high at €2.605, have not yet reached a new record, remaining below their April peak of €2.819. A potential deal between the US and Iran could stabilize or lower prices, but recent developments suggest this is unlikely.

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