Economic

Geopolitical truce triggers first fuel price drop since February escalation

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Sursa: imagine-simbol

Moldova’s national energy regulator (ANRE) has announced the first decrease in diesel prices since regional tensions reignited on February 28. Starting April 10, a liter of diesel will cost €1.76 (approx. 34.49 MDL), marking a decrease of €0.02 (49 bani).

The price correction follows a temporary truce in the Middle East and Iran's decision to reopen the Strait of Hormuz. These geopolitical shifts led to a sharp decline in international Brent oil and Platts diesel benchmarks, which dropped by approximately $230 per ton in a single trading session.

While diesel prices have softened, 95-octane gasoline will see a marginal increase of one ban, reaching €1.52 (29.83 MDL) per liter. The regulator noted that the market remains sensitive to the "Persian Gulf hostilities," which have disproportionately impacted diesel as the primary fuel for regional logistics.

The current relief follows a period of extreme volatility. Since February 28, the cumulative impact of the conflict saw diesel prices in Moldova surge by €0.70 (13.77 MDL) per liter, while gasoline rose by €0.31 (6.06 MDL).

Translation by Iurie Tataru

Iulian Fanaru

Iulian Fanaru

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