Ukraine removes fuel price restrictions to increase supply
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© Reuters. FILE PHOTO – Drivers wait in line at a petrol station to purchase fuel amid Russia’s invasion in Ukraine. This was Kyiv (Ukraine), May 11, 2022. REUTERS/Viacheslav RatynskyiKYIV, Reuters – The Ukraine government announced on Tuesday that it lifted restrictions on fuel prices in order to let traders import more fuel to compensate for Ukraine’s current shortage. This was after Russian forces had destroyed many warehouses and logistic chains.
Yulia Svyrydenko, a Ukrainian TV host, stated in an interview online that she had suspended the price regulation to permit market operators to saturate market.
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