Brent crude prices are climbing as renewed conflict in the Middle East injects fresh uncertainty into global energy supply chains.

The geopolitical escalation is already translating into tangible cost pressures for consumers across Southeast Europe, where fuel prices are rising in several key markets.

In Croatia and Montenegro, pump prices have increased in response to the shifting global benchmark.

Despite these hikes, fuel remains cheaper in those markets compared to Serbia, which continues to benefit from relatively lower domestic pricing structures.

The divergence highlights the varying degrees of exposure regional economies have to international crude fluctuations.

The price transmission is not limited to the Balkans.