A litre of oil totals nearly 1.5 euros in Kosovo

This price increase is also making it difficult for taxi driver Nuha Rama to earn monthly income, who says he often doesn't know if the daily profit will be shared to fill his car with oil or his personal needs.

The price rate rate affects, because we have too many taxis. There is no job, and the price of oil is about 1 euro and 45 cents. We have 2 euros start in half a mile. If you're in the column, the passenger comes down and says, "I have more, only two euros, and we've got three to four hours in the column. We look forward to something happening in the world in someone's disaster to raise prices. I, for example, if I get 3, 4 or 5 euros, what do I do with them or do oil or buy something for home? The problem is enough, but we don't have what to do”, said Kosovo driver, broadcasts Periscope.

Citizens Akif Blace says rising oil prices and its derivatives have a major impact on Kosovo, as one of the poorest countries in Europe.

The rising oil prices for rich states do not have much to do with, but for countries like ours, which are the poorest in Europe, this has a huge impact. This is related to other prices, such as bread, flour, and all others. With our pensions we don't know how we're going to make it, because they have the rich people. If it affects, it directly affects our economy, what we cannot afford. With oil and electricity, all prices are being expensive”, Blace said.

Meanwhile, another citizen, Hasan Ramadani, says the austerity of oil is unnecessary, as, according to him, there are sufficient reserves not to increase the price for even about three months.

These oilmen have reserves, if they don't want to increase them, have reservations for months at least two months. But every day the price rises about 10 cents per litre, already totaling 1.50 euros. If this goes on, it could be 10 euros per litre. Electricity and oil all that is on the earth have more and more energy, each country affects all fields. Because we're dependent on oil and electricity, with factories, with jobs to say from these two we're dependent on”, Ramadani said.

According to Fadil Berjan, chairman of the Kosovo Oil Association, the derivative market is still stable, but the global situation -- such as the Iran conflict and tensions in the Strait of Hormuz -- risks supply.

“Arsyet of rising oil prices is the war in Iran, rising tensions, the risk of production cuts, and problems in the Strait of Hormuz, one of the most important oil transit routes in the world. Every problem in that corridor reflects on global markets and reflects on us in Kosovo. Hundreds of ships have been passed through this corridor a day before, but now they don't spend more than 4 to 5 per day, and those at great risk”, he said.

Berjan said that citizens do not need to worry, because in Kosovo there are enough derivatives, adding that in these times of crisis in Iran, citizens in Kosovo are serving at the cheapest prices in the region.

While dearness of oil and its derivatives has begun since the beginning of tensions in the Middle East, which Fadil Behrani himself, chairman of the Oil Association in Kosovo, confirmed several days ago. /Periscope/