[REVISION HISTORY]
North Macedonia fuel volatility, food inflation and transit
Updated 20 times since CLSTR started tracking revisions of this situation.
What changed
2026-09-01 21:55 UTC → 2026-09-04 22:14 UTC ·
added
removed
North Macedonia fuel volatility and volatility, food inflation risks and transit
In late August 2026, North Macedonia faced intensifying economic pressures as fuel and food prices rose. On 18 August, the Energy Regulatory Commission (KRE) implemented an average price increase of 4.85% for oil derivatives, with diesel and Eurosuper BS-95 prices subsequently reaching 101.5 and 93 denars per liter by 25 August. Concerns regarding food inflation have intensified as a new wave of price increases is expected this autumn, driven by climate change, droughts, and rising costs for fertilizers and fuel. By 28 August, indications emerged that diesel prices in North Macedonia might drop below 100 denars per liter due to declining global markets and a weakening US dollar. However, by 31 August, global volatility returned as Brent crude exceeded $90 per barrel, driven by escalating military tensions between the United States and Iran. Fears regarding the security of maritime transit through the Strait of Hormuz have increased following reports of tankers being targeted by projectiles. By the end of August, Brent crude surged past $97 per barrel following direct military exchanges, including US strikes on Iranian targets and Iranian missile and drone attacks on US positions in Jordan. Maritime security in the Strait of Hormuz has been severely compromised; reports indicate an oil tanker was struck by three projectiles near the coast of Oman. Consequently, commercial shipping through the vital waterway has dropped significantly, with Kpler data showing only five vessels passing through on Monday, compared to a previous average of 14. While Iranian President Masoud Pezeshkian expressed a willingness to return to the June agreement if the US reciprocates, US President Donald Trump has threatened further military action. By early September, the economic strain has extended to intercity transport.
Versions
- 2026-09-04 22:14 UTC North Macedonia fuel volatility, food inflation and transit
- 2026-09-01 21:55 UTC North Macedonia fuel volatility and food inflation risks
- 2026-09-01 21:27 UTC North Macedonia fuel volatility and food inflation risks
- 2026-08-31 09:54 UTC North Macedonia fuel volatility and food inflation risks
- 2026-08-28 10:05 UTC North Macedonia fuel volatility and food inflation risks
- 2026-08-28 09:31 UTC North Macedonia fuel volatility and food inflation risks
- 2026-08-27 12:24 UTC North Macedonia fuel volatility and food inflation risks
- 2026-08-26 06:57 UTC North Macedonia fuel volatility and food inflation risks
- 2026-08-25 19:06 UTC North Macedonia fuel volatility and food inflation risks
- 2026-08-25 13:39 UTC North Macedonia fuel volatility and food inflation risks
- 2026-08-24 12:14 UTC North Macedonia fuel price volatility and inflation warnings
- 2026-08-24 11:51 UTC North Macedonia fuel price volatility and inflation warnings
- 2026-08-23 05:50 UTC North Macedonia fuel price volatility and inflation warnings
- 2026-08-17 13:31 UTC North Macedonia fuel price volatility and inflation warnings
- 2026-08-12 18:44 UTC Macedonia energy price pressures and food cost warnings
- 2026-08-12 10:15 UTC Macedonia energy price pressures
- 2026-08-11 06:33 UTC Macedonia energy price pressures
- 2026-08-10 11:05 UTC Macedonia energy price pressures
- 2026-08-05 19:45 UTC Macedonia energy price pressures
- 2026-08-05 08:24 UTC Macedonia energy price pressures
- 2026-07-26 17:44 UTC Macedonia energy price pressures
Only revisions since CLSTR began indexing content versions appear here. Select a version to see what changed compared to the one before it.