economy
March 19, 2026
VUČIĆ CALLED AN URGENT MEETING: Oil prices are jumping dramatically in the world!
A sharp increase followed reports that an Iranian petrochemical complex at the South Pars gas field was hit.
TL;DR
- Serbian President Aleksandar Vučić will hold an urgent meeting regarding the fuel market and reserves.
- Global oil prices have surged to $112 per barrel.
- The price increase was triggered by reports of an attack on an Iranian petrochemical complex at the South Pars gas field.
- Qatar also reported damage to an industrial site in Ras Laffan after threats from Iran.
- The price of oil remains below its March 9th peak of $116.78 per barrel.
- Iran's oil ministry stated that the fire at the petrochemical complex is under control.
- Slovenia has introduced fuel restrictions, and fuel prices in America have reached $5 per gallon.