Appearing on Digi24, Eugenia Gusilov analyzed the double vulnerability regarding crude oil and liquefied natural gas caused by transit through the Strait of Hormuz, explaining why the possibility of gasoline and diesel prices reaching 10 lei is not mere speculation.
Her reasoning outlines that while the Minister rejected the 10 lei per liter scenario by arguing that the international barrel quotation represents only 25% of the final price, current mathematics tell a different story. With prices currently around 8 lei per liter, 2 lei (25%) represents the price of the barrel on international markets. If the Brent price doubles in the coming period, the crude oil component rises from 2 lei to 4 lei per liter, pushing the final pump price to 10 lei, even without factoring in increased transport or insurance costs.
Calculating the Brent quote currently included in the Romanian pump price: at 8 lei per liter, crude oil accounts for 2 lei per liter. Since a barrel contains 159 liters, 159 multiplied by 2 lei equals 318 lei per barrel. At a RON/USD exchange rate of 4.4, the barrel price reflected at the pump is 72 USD per barrel. With Brent having reached 84 USD per barrel, this difference of 12 USD per barrel is not yet fully reflected in Romanian gas stations.