FLASH NEWS
Increase in hydrocarbon prices on stock exchanges, Confindustria proposes measures for reserves and fiscal relief
2026-03-03 17:23:49 / EKONOMI&SOCIALE
Oil markets have suffered a shock, as joint US-Israeli attacks on Iran (since February 28) have led to a significant increase in prices.
In Albania, companies yesterday warned of immediate price increases, to which the Confederation of Industries of Albania, through an official response, stated that the executive should take the necessary legal measures, especially in the fuel market.
According to them, legal measures should be taken to regulate competition in the market to avoid the risk of a return to fuel price speculation, as in the case of the war crisis in Ukraine in 2021-22.
Confindustria, based on the unforeseen consequences of the Persian Gulf war on the economy, demands that the executive take the necessary legal measures, especially in the fuel market.
First, the implementation of the law in fuel companies for ensuring a 3-month strategic reserve must be checked.
Secondly, legal measures must be taken in the regulatory direction of market competition to avoid the risk of a return to fuel price speculation as in the case of the war crisis in Ukraine in 2021-22.
Thirdly, we demand that the government prepare a legal package aimed at reducing the fiscal burden in the event of a sharp increase in fuel prices in international markets.
The price of oil has shown immediate signs of growth on the stock market, making it inevitable that it will also affect the domestic market. The duration of the war is unclear.
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