Gasoline prices in Latvia will rise

This opinion is held by the Association of Latvian fuel merchants. In Latvia, serious fears have appeared about the growth of gasoline price at gas stations and KazS . This can be a reality if serious military events unfold in Iran.

In the event of the start of the war, the sea transport route will be practically not available. Approximately 20% of raw materials will not enter oil refineries. According to the information provided by the media, the Iranian government has developed a program of five -year development of the country, which provides for a significant reduction in oil export. This can lead to a significant jump in gasoline prices in Latvia. Despite the fact that not so long ago, gasoline is cheaper, its price can grow to one lat.

Now the barrel of oil costs $ 110. However, the oil market is characterized by strong competition and, ultimately, it is this factor that affects the formation of price. And every merchant fights for his consumer.