The fuel market is stable thanks to foreign supplies and reserves. The government is preparing 1500 UAH assistance for vulnerable groups and cashback for gasoline purchases.
Donald Trump appealed to China and NATO for help in opening the strait. Most countries refrained from sending ships due to the active war.
The price of a barrel of Urals in Indian ports reached $98. 93 after the US allowed the purchase of crude oil at sea. The discount on Russian oil fell to a minimum.
Szijjártó announced Ukraine's refusal of a trilateral meeting after the visit of Hungarian specialists. The Ministry of Foreign Affairs of Ukraine denies the official status of this delegation.
A serious fire broke out in the port of Fujairah due to a drone attack. The facility is a key hub, supplying 1.7% of the world's daily oil demand.
Due to shelling, parts of four regions of Ukraine are without power. From 5:00 PM to 10:00 PM, hourly power outage schedules will be in effect in all regions.
Saudi Arabia offers customers to receive Arab Light crude oil through the port of Yanbu. Due to pipeline restrictions, buyers will receive only a portion of the volumes.
Dubai International Airport temporarily suspended flights due to a fire near the terminals. Israel began a ground operation in Lebanon, and oil prices soared.
Due to an oil spill after the shelling of a HPP in Ukraine, Moldova has introduced an ecological emergency regime for 15 days. The pollution threatens the water supply of the neighboring country.
Ukrenergo is introducing consumption restrictions due to the consequences of Russian attacks on the energy system. The schedules will apply to industrial consumers.
The President stated Putin's unwillingness to end the war and his fear of US pressure. Russia received 10 billion dollars due to the conflict in the Middle East.
The captain is suspected of using forged documents and operating an unseaworthy vessel. The tanker was transporting oil products between Russia and Brazil.
The US has eased restrictions on Russian oil to stabilize the market until April 11. Donald Trump promises to reinstate sanctions after the crisis in Iran is over.
Giorgia Meloni's government is exploring the possibility of building reactors to lower electricity prices. The authorities are already consulting with international partners and experts.
Oil prices are rising due to possible attacks on Middle Eastern energy facilities and the blocking of the Strait of Hormuz. Brent and WTI futures have reached their 2022 peak.
President Zelenskyy approved sanctions against 130 individuals and 48 companies from Russia and Iran. The restrictions apply to weapons developers and 10 Russian Paralympians.
Representatives from Washington and Beijing are discussing tariffs, technology, and agricultural purchases. The meeting is intended to prevent an escalation before Trump's visit to China.
As a result of night attacks on the region's energy infrastructure, power outages occurred. Over the week, two people died and 41 were injured.
Tehran rejected accusations of striking the Lanaz refinery in Erbil. The plant's operations have been halted due to a fire and the need to assess the damage.
Japanese authorities are assessing legal obstacles to escorting ships in the Middle East. The country plans to release 80 million barrels of oil to stabilize the market.
Minister Madeleine King affirmed Australia's reliability as a gas supplier amid the conflict in the Strait of Hormuz. The country is launching a new Scarborough project.
Underground agents destroyed a transformer that powered the 123rd Russian artillery brigade. Due to the sabotage, the occupiers lost communication and control capabilities.
Terminal operations have been restored after the fire caused by drone debris was extinguished. The port is strategically important for oil supplies bypassing the strait.
Senator Chris Murphy stated Trump's miscalculations regarding Iran's ability to close the Strait of Hormuz. This threatens a global recession and rising oil prices.
The CPD uncovered Russian fakes about "energy blackmail" and Ukraine's "blocking" of the Druzhba oil pipeline. According to analysts, the Kremlin continues to try to undermine the trust of European partners in Kyiv.
As a result of the night attack, the thermal power plant and substations in Belgorod were damaged. The city experienced "serious disruptions" in electricity, water supply, and heating.
The Hungarian Prime Minister called the policy of the Ukrainian authorities state terrorism. Orban stated his unwillingness to send weapons and called Russia's war against Ukraine "fratricidal."
The Cabinet of Ministers will allocate funds to strengthen the protection of critical facilities in ten regions. Preferential loans for energy independence at 7% are being prepared for businesses.
The US initiates collective protection of the strait after defeating Iran. Oil-importing countries must independently ensure security with Washington's support.
Traffic is difficult on Holosiivskyi Avenue due to an accident on the heating network pipeline. Utility services and patrol police are working at the scene.