Vučić: "Serbia will not allow uncontrolled fuel price hikes"

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Vučić: "Serbia will not allow uncontrolled fuel price hikes"

President of Serbia, Aleksandar Vučić, stated that he will propose releasing state oil reserves to supply oil companies at lower prices, aiming to limit fuel price increases to four or five dinars.

Serbian President Aleksandar Vučić said that the government is considering releasing state oil reserves to supply domestic oil companies at lower prices, limiting the rise of fuel costs to four or five dinars per liter. "We still don’t know exactly how we will release these reserves or in what form, because tonight we are meeting to decide," Vučić said in an interview with RTS. "The price per barrel closed at $99‑something today. With our current excise taxes, the

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