EV Sales Jump As Iran War Drives Up Petrol Prices In Europe

Petrol price spikes triggered by the war in Iran are boosting used electric vehicle sales across Europe, online car platforms told Reuters, in an early sign that ​pain at the pump is pushing consumers away from combustion engines. 

"There is currently an electric car bonanza in the used market," said Terje Dahlgren, ‌an analyst at Norway's largest used-car marketplace Finn.no, adding that EVs have recently overtaken



diesel models as the site's best-selling fuel type.

The war, which erupted on February 28, has disrupted a vital shipping route that carries roughly 20% of global oil supplies. 

That has fed straight through to filling-station prices, with the average cost of petrol in the European Union rising 12% to 1.84 euros ($2.12) per litre from ​February 23 to March 16, European Commission data show.