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
18:05
CNAB: Otopeni and Băneasa airports will be protected with anti-drone systems. The market consultation for costs has begun.
17:41
Zelensky: The window of opportunity for ending the war through diplomatic means extends until the end of summer 2027.
17:22
A judge from New York has overturned the Trump administration's measure to suspend visas for 75 countries, including Moldova and Russia.
17:02
17-year-old adolescent caught riding an unregistered motorcycle in Bucharest. After a chase, the young man hit a police vehicle and was injured.
16:51
Volodymyr Zelensky requests the European Union for 30 billion euros in aid to finance Ukraine's defense.
See more news