Gasoline at 65 hryvnias and higher: expert warns drivers about price jump.

Energy expert Volodymyr Omelyanenko warns that due to the escalation of the situation in the Middle East, fuel prices may rise quickly. Problems in the Strait of Hormuz could lead to a significant increase in gasoline prices.

'If we take the basic scenario, that there will be no massive attack on vessels in the Strait of Hormuz, the conflict will continue for a few weeks at the current level of tension, which is approximately what it is now. Then the price could be around 75-80 dollars, plus or minus a few percent (per barrel)'

Omelyanenko notes that the instability of shipping in this strategically important region is already affecting the prices of petroleum products, which is reflected in the prices at domestic gas stations. Some networks are trying to make superprofits from this.

The role of the Antimonopoly Committee in restraining price growth

The expert emphasizes the important role of the Antimonopoly Committee in restraining unjustified price increases. The work of the regulator is crucial in avoiding sharp increases in fuel prices. If the committee does not function properly, prices at gas stations could rise to 65 hryvnias per liter of A-95 gasoline and even higher.Iran's threats to block the Strait of Hormuz with naval mines complicate the situation. This could paralyze the movement of both military and commercial vessels, creating a critical threat to global oil and gas supplies. The detection and removal of explosives in the waters of the strait will be a very difficult task.The escalation of the situation in the Middle East, particularly in the Strait of Hormuz, could lead to increased fuel prices worldwide. Experts are warning about possible consequences for global oil and gas markets due to instability in the region. The role of the Antimonopoly Committee is important in restraining fuel price increases, but there is a threat of rising costs for both consumers and the economy as a whole.The increase in fuel prices in Ukraine may be a consequence of geopolitical events in the Middle East, as well as depend on the actions of the Antimonopoly Committee. Avoiding sharp increases in fuel prices could save consumers' budgets and prevent mass requests from residents for fuel tax reductions.