Vučić with representatives of relevant institutions on the fuel market situation after a new jump in oil prices

Vučić with representatives of relevant institutions on the fuel market situation after a new jump in oil prices President Aleksandar Vučić met with officials to address the fuel market and reserve status. Global oil prices have dramatically increased, reaching $112 per barrel for Brent crude. This surge is attributed to reports of an air strike on the South Pars natural gas field, the world’s largest.

• President Aleksandar Vučić held a meeting with representatives from relevant ministries and institutions.
• The meeting focused on the situation in the fuel market and the state of reserves.
• Global oil prices have seen a dramatic increase due to the conflict in the Middle East.
• Crude oil prices reached $112 per barrel, a rise of over five percent.
• The price hike is linked to reports of an air strike on the South Pars gas field.