New movements in the oil market, impact expected also in Kosovo

The head of the Kosovo Oil Association, Fadil Berjani, has stated that recent developments between the United States and Iran, as well as the reopening of the Strait of Hormuz, have brought temporary calm to international oil markets.
According to him, the reduced fear of supply disruptions has immediately contributed to stabilizing oil prices, with benchmarks such as USOIL and Brent showing steady movements in recent hours.
Berjani emphasized that this situation may be short-term, and that prices could continue to decline only if stability is maintained in a sustained manner.
He adds that a real stabilization of the oil market, including its impact on Kosovo, would be achieved only through a long-term agreement between the parties.