economy

March 5, 2026

DRAMATIC INCREASE IN FUEL PRICES? President Vučić announced measures

Vučić stressed that we must not allow oil prices to go wild

DRAMATIC INCREASE IN FUEL PRICES? President Vučić announced measures

TL;DR

  • President Vučić visited the reconstructed National Dispatch Center of Elektromreža Srbije.
  • He announced that measures will be taken in the coming days to address rising energy prices.
  • The war in the Middle East has caused a significant increase in energy commodity prices.
  • Vučić stated that oil prices are rising and could reach unaffordable levels for the public.
  • Serbia is seeking measures to subsidize fuel costs for the next month.
  • Gas prices have increased by 45% on TTF, and in Great Britain by 95%.
  • Serbia receives Russian gas through the TurkStream pipeline until the end of March.

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