The price of Italian gasoline has recently experienced a significant increase, coinciding with the deteriorating relations in the region. Specifically, the price of Brent gasoline futures at the ICE Futures exchange in London has risen by $80.10, marking a 12% increase compared to the previous day’s rate. Another noteworthy development is the 60 cents (0.7%) increase recorded on Tuesday, with a peak price of $79.98.

Simultaneously, the price of WTI gasoline futures at the New York Mercantile Exchange (NYMEX) has also witnessed a modest surge, with a 10 cents rise and a peak price of $74.96. Nevertheless, this increase follows a decline of 68 cents from the previous day, with a high of $74.86.

In other news, updates from Armenia have also been making headlines. Stay tuned to NEWS.am for more information on this developing story.