
Fuel Prices Rise in Bosnia and Herzegovina Amid Middle East Conflict
Bosnian citizens are expressing fear as daily fuel price increases have been recorded since the start of the Middle East conflict, with the Federal Ministry of Trade noting price hikes at the end of the month.
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High oil prices threaten long term rise in ship operating costs
The Middle East conflict could trigger a “slow-burn” increase in vessel operating costs that persists long after the initial shipping disruptions, according to maritime research firm Drewry. While the industry is currently fixated on immediate spikes in freight rates and war-risk premiums, Drewry warns that sustained high oil prices will eventually filter through to core […]
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