Brent has broken through 122 dollars a barrel - the highest level since 2022. A 10 percent jump in a single day, before settling around 120. According to Oxford Economics, if Iran's blockade of Hormuz lasts six months, the price could reach 190 dollars by August.

The numbers are not theory. US inflation in March climbed to 3.3 percent - directly through imported energy prices. The UK is sliding into recession. If the blockade lasts a few more months, a global recession becomes a real danger, not just a statistical one.

Iran is closing the markets with three tools: tense negotiations with the US, a physical blockade of Hormuz, and the seizure of commercial ships. The result? 30 percent of the world's oil flow has to find another route - and another route does not exist. Hormuz is the only exit from the Persian Gulf.

In this context, every Macedonian household will feel it in the coming weeks. The electricity and heating bill follows global market prices. When oil costs 190 dollars a barrel, diesel in Skopje goes above 90 denars, and for petrol everyone can forget the old level of 70-75. Balkan economies are energy-dependent and extremely vulnerable.

In the sixties and seventies, when OPEC also dictated prices, Yugoslavia had reserves, barter deals, political weight. Today the North Macedonian government has only one instrument - a repeated statement that "we are following the situation". But following oil storms does not help. What is being done? That is the question without an answer. And it will not get one, with this lineup, tomorrow either.