Ukraine reports record fuel imports and urges price cuts

Ukraine imported record fuel in March despite market volatility. PM Yulia Svyrydenko now urges traders to cut prices as global rates fall and sowing begins.

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Ukraine reached record-breaking fuel import volumes in March despite significant market volatility linked to the conflict in Iran. Prime Minister Yulia Svyrydenko confirmed on Wednesday that the nation intends to maintain this high pace of imports through April to ensure stability. Following a series of targeted attacks by Russia that decimated domestic refining infrastructure, the country now relies almost entirely on external supplies for its GASOIL DIESEL ETC VON BNPP and WT GASOLINE requirements.

Ukrainian Prime Minister Yulia Svyrydenko attends a parliamentary session in Kyiv, following disruptions to the national energy infrastructure. REUTERS/Andrii Nesterenko/File Photo
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