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59 new news items in the last 24 hours
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  2. Current Affairs

The Minister of Energy states that the decrease in fuel prices will last at least 50 days, even if the Strait of Hormuz reopens.

Emese Grancsa
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8 April 2026, 20:54
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Current Affairs
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Bogdan Ivan stated that it would take at least 45-50 days until fuel prices would significantly decrease even if the Strait of Hormuz were to reopen and oil tanker traffic returned to normal. He explained that oil production has decreased by 25% due to the blockade of the strait and the bombing of extraction facilities, while demand has increased due to consumer panic as they stock up.

Ivan emphasized that the price of a barrel of oil on the international market has reached double that of the period before the Middle East war, affecting not only fuel prices but also those of petroleum products, plastics, and fertilizers. He also mentioned that Romania has found new supply routes, including from French Guiana. The minister estimates that it will take a few weeks until lower prices reach the pump, after the conflict in the Persian Gulf has ceased.

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Bogdan Ivan: E nevoie de 45-50 de zile de la reluarea traficului de petrol în condiţii normale până când vom reveni la stadiul dinainte de război
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Ivan: Scăderea prețurilor se va simți la pompă cu o întârziere de câteva săptămâni

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NEWS ON THE SAME TOPICS

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Economy
Bogdan Ivan: In the four months since I left, they have done absolutely nothing / In Romania, the increase in petrol prices is unjustified
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Current Affairs
Bogdan Ivan: "More than half of the aid provided by the state" through the reduction of the excise duty on diesel was "swallowed up" by the increases of the oil companies.
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Current Affairs
Ilie Bolojan stated that the state cannot control the rise in fuel prices due to international factors.
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Politics
Former Minister of Energy, PSD Deputy Bogdan Ivan: "The prices of diesel have gone crazy. There is a need for inspections, explanations, and quick decisions."
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Politics
Irineu Darău: "No matter how easy or populist it may be to promise some prices or even to limit them, great care must be taken / You cannot guarantee a price, but you can end up with shortages."
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International
Iran pledges to reopen the Strait of Hormuz if the US reduces military pressure
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fuels Strait of Hormuz energy minister bogdan ivan

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