Heiti Hääl, entrepreneur and major shareholder of Alexela, discussed the implications of the ongoing oil crisis on fuel prices during a recent episode of ETV's "Impulss". He emphasized that the current conflict in Iran has significantly affected supply dynamics, contributing to rising costs. Hääl mentioned that while prices are increasing, Estonia is still a distance from reaching the peak prices seen in previous crises.

During the conversation, Hääl elaborated on how geopolitical tensions, specifically the war in Iran, have far-reaching repercussions on energy markets, and consequently, on fuel pricing in Estonia. He underscored the complexity of the situation, suggesting that until the conflict is resolved, Estonians might experience continued volatility in fuel prices. The reference to a potential price increase to 2 euros per liter signals the urgency and potential alarm that the energy crisis poses for consumers.

Hääl's remarks come at a time when residents are already feeling the pinch of rising costs in various sectors, and this forecast could further strain household budgets. The outlook for fuel prices not only impacts consumers directly but also has broader implications for the economy, potentially influencing inflation and spending behaviors across Estonia as the situation develops.