Prices for oil and gas are skyrocketing on international markets after a major escalation of the conflict between Israel and Iran, which has directly hit the strategic infrastructure of Gulf…
Business
News and economic analysis on the economic crisis, unemployment, inflation, investments, profits, businesses. You also read about highways, roads, prices, increases, pensions, and budget deficits.
Nicușor Dan announces state intervention in the fuel market: measures within a week
President Nicușor Dan announced on Thursday, from Brussels, that the Government will implement measures following the recent increase in fuel prices, without detailing their content. The head of state indicated…
Slovakia curbs diesel sales, ups prices for foreigners
The Slovak government announced on Wednesday that it will restrict diesel sales for 30 days due to a shortage caused by the suspension of oil supplies through the Druzhba pipeline.…
Fuel prices surge again: Diesel up by over 1 leu per liter in under three weeks
Fuel prices continue to rise rapidly in Romania, amid tensions in the Middle East. In less than 3 weeks, diesel has increased by more than 1 leu per liter. Wednesday…
Europe’s most affected sectors as energy prices rise
The increase in energy prices affects almost all sectors of the European economy, but to varying degrees, as shown by an ING analysis. The impact is stronger in sectors with…
Neptun Deep will double Romania's gas production
The President of Romania, Nicușor Dan, announced on Monday that the Neptun Deep project in the Black Sea is progressing according to schedule, with the first quantities of natural gas…
Over 400 million barrels from strategic reserves will enter the market to ease the shock of the Iran war
Over 400 million barrels of oil from the International Energy Agency’s emergency reserves will start reaching markets in the coming period, the institution announced in the most detailed presentation of…
What happens if oil reaches $200 per barrel?
The war in Iran has already created the largest disruption in the history of the global oil market, according to the International Energy Agency, and the situation could worsen even…
Inflation eased to 9.3% in February. Coffee and CFR tickets among the biggest price increases over the past year
The annual inflation rate dropped in February to 9.31%, from 9.62% in January 2026, according to data published by the National Institute of Statistics (INS). However, it’s the seventh consecutive…
The International Energy Agency considers the largest release of oil from strategic reserves
The International Energy Agency (IEA) is considering an unprecedented intervention in the oil market by releasing a record amount of oil from the strategic reserves of member states to temper…
Six Romanians on the 2026 Forbes billionaires list. Databricks founders surge up the rankings, where does Ion Țiriac stand?
Romania has 6 billionaires in the global wealth ranking compiled by the American magazine Forbes for 2026, the same number as in the last four years. Leading the ranking of…
The markets are collapsing, but not everyone is bleeding: Who is winning in the war in Iran
Millions of people are suffering from the Middle East conflict that drives up bills and disrupts energy markets. But a perverse effect of the war is that some sectors of…
Chisăliță: “The question is not whether diesel will rise, but how quickly and by how much.” Price could reach 11.5 lei per liter
The price of diesel in Romania could reach approximately 11.5 lei per liter by the end of May if the Middle East conflict continues and oil routes remain affected. The…
Oil climbs above $100 per barrel, shaking global markets. Prices of edible oils and cereals also rise
The conflict in the Middle East is starting to cause major shocks in the energy and financial markets. The price of oil has recorded the largest single-day increase in the…
The price of oil has exceeded $90 per barrel and continues to rise
The price of Brent crude oil surpassed $90 per barrel on Friday evening, for the first time in nearly two years, after the Middle East conflict triggered a wave of…
Kremlin says Iran war has boosted demand for Russian energy
The war in Iran has led to a „significant increase in demand” for Russian energy products, Kremlin spokesman Dmitry Peskov said on Friday. „We are witnessing a significant increase in…
'Then the euro will slide': Experts warn of prolonged war with Iran
Trump initially said that the war in Iran would last four weeks. Later, he stated that it could go on much longer. If the conflict prolongs, economists warn that the…
Bolojan: Gas prices for households to remain capped until April 2027. Government preparing plan to cut electricity prices
The government has decided to maintain capped gas prices for household consumers until next spring. Prime Minister Ilie Bolojan announced, after the government meeting, that the Executive has adopted an…
Brussels proposes a new economic doctrine focused on more “made in Europe” industry
The European Commission presented on Wednesday a package of proposals for the relaunch of the European industry under the concept of „Made in Europe,” at a time when the continent’s…
Diesel fuel in Romania is more expensive than the market would justify - AEI analysis
The price of diesel in Romania is, on average, about 10 bani per liter higher than the level justified by the real costs of the market, says Dumitru Chisăliță, the…