Participants at the Semafor World Economy conference were warned by energy expert Wright that high energy prices will continue to rise until significant maritime traffic can pass through a key navigable route. He predicted that oil prices will reach a "peak level" in the coming weeks, considering that they directly influence pump costs. Brent crude has risen by about 40% since the beginning of the war, approaching 100 dollars per barrel. Although Wright previously mentioned a possible decrease in gasoline prices, he and President Donald Trump warned that they will remain high for a long time. Trump imposed a naval blockade on Iran, aimed at limiting its oil exports, threatening to destroy Iranian ships that would violate the blockade. This complicated situation could have a significant impact on global energy markets.
Sources
Secretarul american al energiei: Preţurile petrolului vor atinge probabil un nivel maxim în următoarele câteva săptămâni
Preţurile petrolului vor atinge probabil „un nivel maxim” în următoarele câteva săptămâni, afirmă secretarul american al energiei
Preţurile petrolului vor atinge probabil „un nivel maxim” în următoarele săptămâni, avertizează secretarul american al energiei
Secretarul american al Energiei se așteaptă ca prețurile petrolului să continue să crească
Latest News
18:30
Nicușor Dan and Maia Sandu discussed in Chișinău about European integration and energy security
18:18
Ilie Bolojan: Over 2,000 PNRR projects received in August / Unfinished works will be paid for by local authorities
18:08
The pharmaceutical group Minapharm will develop a candidate vaccine against the Bundibugyo Ebola strain, with funding of 16.5 million dollars.
17:39
The president of USR, Dominic Fritz, reacts to the revelations about Lucian Pahonțu
17:36
Nicușor Dan, in an editorial for Fox News: "Romania will not wait to be put to the test before being ready"
See more news