The military conflict between Israel and Iran in the Middle East has led to a significant increase in crude oil prices on global markets, which is already reflected in fuel prices in Serbia. Experts predict that from June 20, the price of gasoline and diesel will increase by about three dinars per liter, with further increases depending on the conflict’s development. The price rise is due to global disruptions in the oil market, with Iran, as one of the largest oil producers, having a significant impact on supply. Montenegro is also experiencing a slight increase in fuel prices, while global markets show caution due to the potential spread of the conflict. Governments and experts are monitoring the situation, but currently, there are no indications of drastic changes like during the 2022 Ukraine crisis. Serbian citizens are already feeling the conflict’s impact through rising fuel prices at the pumps.
Political Perspectives:
Left: Left-leaning sources emphasize the impact of global conflicts on ordinary citizens, highlighting how geopolitical tensions lead to increased living costs, such as fuel prices, which disproportionately affect working-class people. They may also critique the role of large oil companies and governments in failing to protect consumers from price shocks.
Center: Center-leaning sources focus on factual reporting of the price increases and the direct link to the Middle East conflict, providing expert opinions and market data. They emphasize the global nature of oil markets and the cautious approach of governments and markets in response to the conflict, without strong political bias.
Right: Right-leaning sources may highlight the strategic importance of controlling oil supplies and criticize foreign policy decisions that contribute to instability in the Middle East. They might stress the need for national energy security and possibly blame international actors or adversaries for causing price volatility.
