The US administration is exploring the option of controlling the strategic strait for oil supplies. Energy prices remain at $100 per barrel.
The dictator called on the EU for non-politicized cooperation amid the energy crisis. He warned of a halt in supplies through the Strait of Hormuz and rising prices.
The Governing Board of the Ukraine Investment Framework approved 8 programs for logistics and energy efficiency. Funds will be directed to roads, housing, shelters, and borders.
Ukrenergo is introducing electricity supply restrictions from 8:00 AM due to the consequences of Russian attacks. The schedules will apply to household and industrial consumers.
G7 countries have decided not to use oil reserves to stabilize prices for now. France confirmed its readiness for coordinated steps if necessary.
The euro exchange rate fell to a four-month low due to rising oil prices. Investors expect stagflation in the eurozone and are massively buying up the US dollar.
Law enforcement officers shut down three illegal gas stations and seized 62,000 liters of fuel. Products of questionable quality were sold for cash.
The Greek vessel Shenlong successfully navigated the dangerous strait despite the threat of Iranian attacks. Most operators still refuse to sail in the region.
The company is not investigating Likunov and Rykovtsev due to the absence of official complaints. UZ claims ignorance regarding losses in tenders.
The European Commission stated that it currently has no new data regarding oil supplies via the 'Druzhba' pipeline. At the same time, Brussels continues consultations with Ukraine and EU countries that express concerns about possible disruptions, and assures that Europe is prepared for risks through diversification of energy supply.
Yulia Svyrydenko discussed the availability of fuel on the market with operators. Ukrnafta will become a price benchmark, and the AMCU will check for possible abuses.
Due to the rise in world oil prices above 100 dollars, the cost of diesel in Ukraine may increase to 90 UAH. New batches of fuel are already becoming more expensive in wholesale.
The Hungarian Prime Minister appealed to the EU to suspend sanctions against Russian energy. Orban accuses Ukraine of blocking oil supplies.
Expert Serhiy Kuyun explained the price increase by the need to purchase new batches at world prices. The cost of diesel at the border reached 80 hryvnias.
Satellites recorded tankers being loaded at the key terminal after the attacks. Tehran is using covert routes to maintain supply rates.
Commander-in-Chief Syrskyi announced the liberation of 285 sq. km in the Oleksandrivka direction. DeepStrike attacks reduced oil refining in Russia by almost a quarter.
Péter Szijjártó called on the EU to lift the energy embargo due to the threat of shortages. He believes that the war in the Middle East will cause a sharp increase in prices.
Macron announced the possibility of using strategic oil reserves due to the war against Iran. G7 ministers will discuss mobilizing up to 400 million barrels.
Parts of Sumy, Chernihiv, and Kharkiv regions were left without electricity due to enemy attacks. Hourly power restriction schedules are in effect in the regions.
Bahrain's oil company BAPCO has suspended export obligations due to a refinery fire after the attack. 32 people were injured, and the needs of the local market are met.
G7 finance ministers will discuss releasing up to 400 million barrels of oil due to shortages. Brent prices jumped to $120 due to the war in the region.
Israel attacked Iran and Lebanon, and Iranian drones struck Bahrain. Oil prices exceeded $100 amid the appointment of Mojtaba Khamenei.
The price of a barrel of oil reached $108 for the first time since 2022 amid the conflict in the Middle East. Investors fear shortages and a new wave of inflation.
British gas reserves have shrunk to 6,700 GWh due to the conflict in the Middle East. The country is forced to buy fuel at the highest prices in Europe.
The Trump administration plans to ease sanctions and expand air travel with Cuba. The agreement provides for business preferences and simplified visa rules.
Trump's envoys will hold talks due to US dissatisfaction with the intensity of attacks on oil facilities. Washington fears the Iranians rallying around the regime.
Wang Yi stated that stable relations with the US take precedence over conflicts in the Middle East. Beijing is preparing talks on tariffs and mineral exports.
The blockade of the Strait of Hormuz and overflowing storage tanks have caused a shortage of raw materials. Analysts predict a historic rise in oil and fuel prices.
Due to the war with Iran and the closure of the Strait of Hormuz, Iraq reduced production to 1. 8 million barrels. The shortage of tankers and storage facilities caused an energy crisis.
Energy Minister Chris Wright announced the continuation of the sanctions policy against Russia. Washington is seeking a balance between deterring the aggressor and market stability.
