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Ukrainian fuel market faces turbulence after new Russia sanctions
Journal Staff Report

KYIV, Dec 5 – The Ukrainian fuel market is in turbulence for several months due to the need to restructure the European market due to G7, Australian and EU restrictions on Russian oil prices at $60 per barrel and other restrictions related to sea transportation of oil of Russian origin, director of the A-95 consulting group Serhiy Kuyun says.

"We will face two or three months of turbulence until the European market adapts first to oil sanctions, then to petroleum product sanctions. In the meantime, it looks like we were the first to feel these sanctions. The question is not even the price, but the availability of the product. Yes, we have every opportunity to bring, but the main thing is to have something," he wrote on Facebook on Sunday.




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