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The price of diesel increases by 8 lek, reaching 206 lek per liter

The price of diesel increases by 8 lek, reaching 206 lek per liter

The price of diesel reached 206 lek per liter from 198 lek per liter that was traded 1 week ago at fuel retail points.

Within 7 days, the price of diesel has increased by 8 lek per liter. While the price of gasoline has remained unchanged, continuing to trade at 189 lek per liter.

Fuel prices rise again, diesel reaches 198 lek per liter

Changes in the price of oil in the domestic market are being affected by prices in international markets, due to import dependence.

The new escalation of the war in the Middle East brought a new increase in prices on foreign stock exchanges. On Tuesday, the price of crude oil reached 91 USD per barrel.

While US President Donald Trump has threatened a new escalation of his war on Iran, warning that the US will soon launch an attack on a heavily fortified Iranian nuclear facility, at a time when oil prices are rising rapidly.

The president's threat comes amid an escalation in the nearly five-month conflict between Washington and Tehran, as the US military completed its tenth consecutive night of bombing and the price of oil reached $91 per barrel.

The US pledge for new military action comes at a time when anxiety among oil traders is growing, as the passage of crude oil through the Strait of Hormuz has slowed sharply in recent days and global reserves are falling to critical levels.

One-fifth of the world's oil passes through the Strait of Hormuz, and the disruption of its passage could push the price of oil up to $120 per barrel, according to forecasts by foreign analysts.

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