BUSINESS

There is no Indication that Fuel Prices will rise in BiH

Federal Trade Minister Zlatan Vujanovic told Avaz newspapers that there is no indication that fuel prices would rise in Bosnia and Herzegovina.

He stressed that nothing could be forecasted in the long term, despite the complicated situation in Saudi Arabia.

“US-Iran geopolitical turbulence has certainly affected prices. However, now Saudi Arabia, as the largest oil producer in the world, has rehabilitated oil fields. What I can say is that there is no indication that they will increase the price of fuel in BiH,” Vujanovic said.

Earlier, analysts at Avaz warned that fuel prices would rise in the coming period due to the drone attack on Saudi Arabian oil facilities.

Iranian Foreign Ministry on Monday criticized British Prime Minister Boris Johnson for his claims that Iran was involved in recent drone attacks on Saudi Arabia’s Aramco oil facilities.

“Instead of making such futile efforts against Iran, the British government is better to stop the sales of lethal weapons to Saudi Arabia which is used against the Yemeni people,” said Abbas Mousavi, spokesman of Iranian Foreign Ministry.

On Sunday, Johnson said that “Britain is attributing responsibility with a very high degree of probability to Iran for the Aramco attacks. We think it is very likely that Iran was indeed responsible” for Sept. 14 attacks.

Iran has denied the charges which has also been raised by the U.S. and Saudi officials. Yemeni Houthis have claimed responsibility for the attacks.

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