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[BUSINESS] · Bosnia & Herzegovina, Slovakia · 20 sources

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Fuel prices surge in Bosnia and Herzegovina and Slovakia amid global energy crisis

Fuel prices in Bosnia and Herzegovina and Slovakia are experiencing significant upward pressure due to global market volatility and geopolitical tensions in the Middle East. In Bosnia and Herzegovina, particularly in Republika Srpska, diesel prices are trending toward 4 KM per liter, driven by rising crude oil costs and disruptions in supply routes like the Hormuz Strait. Analysts warn that these increases could trigger a chain reaction, raising the costs of food and transportation.

In Slovakia, fuel prices have also risen, with gasoline exceeding 1.80 EUR per liter and diesel approaching the 2 EUR mark. Slovnaft CEO Gabriel Szabó warned that prices could climb further. Meanwhile, the European Central Bank has raised interest rates by 25 basis points to combat inflation, which is being fueled by rising energy costs.

Global crude oil prices have stabilized around 105 dollars per barrel. The situation is exacerbated by reported damage to the Saudi East-West pipeline and ongoing conflicts that threaten key maritime energy corridors.

Entities

Association of Consumers DON · Association of Pellet Producers · European Central Bank · Federal Ministry of Trade · Gabriel Szabó · Middle East · Republika Srpska · Saudi Aramco · Slovnaft

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about 6 hours ago