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War & Conflict2h 46m ago
The Ukraine war is contributing to elevated fuel prices globally due to approximately 10% of the world's refining capacity being out of operation.
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Global
Who
Not specified
What
The Ukraine war is contributing to elevated fuel prices globally due to approximately 10% of the world's refining capacity being out of operation.
When
Mon, 13 Jul 2026 12:31:02 GMT · 2h 46m ago
Where
Global ·
Why
The ongoing conflict has led to a significant reduction in global refining capacity, which directly impacts the cost of fuels.
The Frontline Impact
How this affects you
Global fuel costs remain elevated as a substantial portion of the world's refining capacity is offline. The duration of this constraint will determine how long fuel prices stay high.
Story chain
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