The European Union has the highest fuel and energy prices in the world.

Error detected

The claim states the EU has 'the highest fuel and energy prices in the whole world.' This is factually incorrect: Oceania has a higher average residential electricity price (USD 0.257/kWh) than Europe (USD 0.255/kWh), and Bermuda has the single highest household electricity price of any country worldwide.

Even within the most expensive component (electricity), the EU does not rank first globally — it is exceeded by both individual countries (Bermuda) and entire regions (Oceania).

Omissions

• The MEP did not cite any source for the claim.
• The claim uses the absolute superlative 'highest in the whole world' when the EU is actually among the highest but not the single highest for electricity, which is a core component of energy prices.
• No global comparison data for fuel prices (gasoline/diesel) was located within the search limit to fully assess that portion of the claim, but the electricity data alone is sufficient to disprove the absolute assertion.
• The claim conflates 'Europe' with 'the European Union' — some sources use Europe as a broader geographic category than the EU.

Sources

• SecondaryGlobalPetrolPrices.comThe highest residential electricity prices are in Europe at USD 0.255 per kWh and the lowest are in Asia with USD 0.085. Africa (0.139), Oceania (0.257), North America (0.174). Oceania's average residential electricity price of USD 0.257/kWh exceeds Europe's USD 0.255/kWh.
• SecondaryStatistaIn the fourth quarter of 2025, Bermuda had the highest household electricity prices worldwide, followed by Ireland, Italy, and Belgium.