The Israeli-Iran conflict, the head of Kosovo oilmen: Oil prices are rising, that's what costs a litre right now.

“notation on recent developments in the Middle East and the impact on the oil sector: Oil prices are rising due to tensions between Israel and Iran. This is causing fear of a supply cut by affecting the increase in prices”, Bernian wrote in a Facebook post.

The subx0-Iran produces a large portion of the world's oil and controls the Strait of Hormuz, a point that exceeds 20% of world oil. Any passage of this situation will affect oil growth, while any US-mediated peace deal can calm the oil market. The price of oil in Kosovo is certainly affected also by these geopolitical developments because Kosovo imports most of its”, he added. /Periscope/

Current prices in Kosovo according to Bernian are: Diesel: $1.14,1.24 and Benzine: $1.15,-1.25.