2023-10-10 13:15:48
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Published on 10/10/2023 3:15 p.m.
Duration of the video: 1 min France 2 Article written by France 2 – J.Cholin, J.Messa, D.Fossard, J.Fantauzzo
France Televisions
Fuel prices are falling on Tuesday October 10. Some fear that the conflict in Israel will cause prices to rise once more.
While gasoline has been at cost price since the beginning of October, a hypermarket is stocking up. Most motorists have noticed the price drop. “We’re not going to complain regarding it, but hey, we’d still like a little more“, said a man. Will the rise in tensions in the Middle East reverse the trend? Monday October 9, following the increase in violence in Israel, the price of a barrel of oil rose almost 4.5% in one day, following it had been falling for several days.
Iran likely to be affected
However, specialists rule out a surge in prices. “Israel is not an oil producer. If the conflict does not spread, there is no reason to have a shortage in supply“, assures Céline Antonin, economist at the French Observatory of Economic Conditions. Among the oil-producing countries likely to be affected by the conflict, Iran, which is in Israel’s sights following its support for Hamas.
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