The fuel market in Romania is facing bleak prospects, with pump prices set to rise significantly. A refinery owned by Lukoil, which contributes about 20% to the domestic supply, risks being shut down due to sanctions imposed by the US, which will come into effect on November 21. The Romanian state could take over Lukoil's assets, but a buyer capable of investing is needed. Diesel has already surpassed the threshold of 8 lei, and prices have increased by 1.3% for gasoline and 3.1% for diesel in the last month, which means additional costs of 5 lei for a full tank of gasoline and 12 lei for diesel. This situation requires swift measures from the authorities to avoid a crisis in the fuel market.
Sources
Latest News
23:13
The Hungarian government will offer owners of eligible diesel cars 5,000 forints per month until the end of the year
22:57
Peter Magyar announces changes to Hungary’s adoption law for same-sex couples
22:38
Bucharest entered the Book of Records with “The Table That Unites.” Ciucu: “There was a big dining room today, in Constitution Square”
22:14
Anthropic’s CEO calls for slowing AI development, warning that intelligent agents could take control of the internet in the coming months
21:26
Sergey Lavrov responds to Volodymyr Zelensky: “Let him come to Moscow” for a meeting with Vladimir Putin
See more news