Impact of a Russian invasion of Ukraine on the global economy

[Mike88]

In Portugal, we are already seeing the impact in the rise of fuel prices. Diesel and Gasoline prices are set to have the biggest increase ever next week: a 15 cent increase in Diesel and a 8 cent increase in Gasoline. In several gas stations across the country, the price to fill the tank could surpass 2 euros per liter, the biggest ever.

There are already big lines in gas stations across the country, as people want to fill the tank before the big price hike.