Fuels won’t cut it yet, despite the start of the motoring season, let’s expect a discount. If the wolves of Israel are unleashed, the threat of prices around 50 K/l will come

Fuel even on the first flight will be discounted. And this despite the current motoring session. The reason is the noticeable drop in oil prices, to which it has fallen in recent days. Just last week, Brent crude was trading at around $90 per barrel. Vera bag closed on me not 84 dollars.

Gasoline should drop by roughly ten hals in five and seven days from the average pre-door price of 40.33 crowns per liter, and diesel by fifty hals per liter from its pre-door price of 38.95 crowns per liter.

The general drop in fuel prices is mainly due to the drop in oil prices on the world market. In addition to the high state of affairs in the USA, there are signs of a possible peace between Israel and Hamas, which would calm the situation in the Middle East. In this way, oil traders would benefit from the fact that the probability of a drop in their supplies from the Middle East region would decrease significantly. In that case, she would dream and she dreams now that she is a related risk factor, which is part of the price of oil.

Hopes for the achieved pm are now the highest since the weekly pm closed last year in November. Today, moreover, would allow the United States to speed up progress in the framework of the historic talks with the Saudi Arabia. Washington would provide Riyadh with security guarantees and pave the way for closer diplomatic relations between Saudi Arabia and Israel. Therefore, if Israel is first allowed to go to war with Hams in Gaza, it started last year in June.

Relations between Washington and Riyadh have intensified in recent weeks. If the US administration were to actually arrange a talk with Rijd, it would be an equal pre-election trump card for President Biden. It would ensure a really calm situation in the Middle East, which would lead to a sharp drop in the risk of volatility in the price of oil.

Horrible but also quite opan scn. There would be direct markets even further to establish a calm situation at the Near entrance. Opan scen, more likely to me, is based on the military state of Israel and Iran, which supports the Hamas terrorists for a long time. This estimate would include flows to oil facilities in the near-sea region, so the price of oil could soar above $150 per barrel, according to Bloomberg. The prices of fuel in the Czech Republic would thus increase significantly by 40 crowns per liter, and could even rise to 50 crowns per liter.

Luk Kovanda, Ph.D.

Chief Economist, Trinity Bank