In a dialogue with Cristi Citre on Digi24, Eugenia Gusilov discussed crude oil trends and pricing dynamics. While external uncertainty persists regarding US-Iran relations and the status of the Strait of Hormuz, stability could come from domestic fiscal adjustments. She pointed out that Romania maintains rigid excise duties of 3 lei per liter for gasoline and 2.8 lei per liter for diesel, remaining unchanged regardless of whether Brent crude trades at $40 or $120 per barrel.
Furthermore, the long-term effects of the March closure of the Strait of Hormuz have not been fully addressed, and the US Strategic Petroleum Reserve sits at an all-time low. Stocks must be replenished before facing further geopolitical turbulence to avoid severe price shocks.