economy
March 5, 2026
IT IS IMPORTANT THAT VUČIĆ WILL TAKE MEASURES AGAINST SUDDEN FUEL PRICE INCREASES" Analysts: Such situations show how important it is to have a functioning state
Due to the conflict in the Middle East, which is intensifying every day, and because of which the supply of crude oil from Iraq and Kuwait could soon be completely stopped if the Strait of Hormuz remains closed, panic has spread almost all over the world about whether there will be enough energy resources on the global market, and whether their prices will suddenly jump.
TL;DR
- Serbia has sufficient energy reserves acquired at previous prices.
- State leadership is planning measures to prevent a sudden surge in fuel prices.
- Potential measures include subsidies and excise tax reductions.
- Global geopolitical tensions are impacting energy prices worldwide.
- The state aims to act as a stabilizer to protect the economy and citizens' living standards.
- Energy security is a key issue for economic and national security.
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