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'I don’t remember prices rising this fast' — Soaring oil prices strain Ukraine’s war economy
Business

'I don’t remember prices rising this fast' — Soaring oil prices strain Ukraine’s war economy

by Luca Léry Moffat

The Iran war is hitting Ukrainians at the pump, as rising global energy prices ripple through the war-battered economy that is only just emerging from an energy crisis and significant bout of inflation. Diesel prices hit $1.64 a liter on March 9, according to Ukrainian fuel market analyst group A-95 Consulting, a 16% climb compared with one month prior. Petrol prices rose by 12% in the same period. "I’ve been working in this market for 25 years, and I don’t remember prices rising this fast," S

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Putin, Trump discuss Iran war, Ukraine in phone call

Russian President Vladimir Putin and U.S. President Donald Trump spoke by phone on March 9, according to Kremlin aide Yuri Ushakov. During the call, Putin reportedly presented proposals aimed at resolving the war in Iran.

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