How war in the Middle East is affecting Moldovan farmers

Business

Less than a month after the start of the war in Iran, fuel prices have risen sharply in the Republic of Moldova.   Petrol has gone up by around 6 Moldovan Lei [€0.30 or $0.35] per liter, while diesel has gone up by nearly 10 Moldovan Lei — an increase of over 40%.  This is a steep increase in a country that relies heavily on agriculture. The rising costs are putting enormous pressure on farmers. Agriculture is a cornerstone of Moldova's economy, accounting for approximately 12% of GDP and 45%

Tag-uri: Agricultura Petrol

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