economy

March 19, 2026

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

President Aleksandar Vučić met with representatives of relevant ministries and institutions regarding the situation on the fuel market and the state of reserves.

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

TL;DR

  • 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.