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In the last week, bullion attempted to recover, briefly reaching $1,983, but quickly reversed course and retreated heading into the weekend
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Russia-Ukraine crisis: Kyiv to end fuel shortages soon, Zelensky says
The country's Economy Minister said the shortages would be eliminated within a week
Ukraine will soon stamp out fuel shortages, even though Russian forces have damaged a number of oil depots, President Volodymyr Zelensky said on Friday.
This week, Russia struck Ukraine’s main fuel producer, the Kremenchuk oil refinery, as well as several other large depots.
“Queues and rising prices at gas stations are seen in many regions of our country,” Zelenskiy said in a nightly video speech. “The occupiers are deliberately destroying the infrastructure for the production, supply and storage of fuel.
“Russia has also blocked our ports, so there are no immediate solutions to replenish the deficit,” he added.
“But government officials promise that within a week, maximum two, a system of fuel supply to Ukraine will be at work that will prevent shortages.”
In a statement, Economy Minister Yulia Svyrydenko said the shortages would be eliminated within a week, as Ukraine’s operators had secured contracts with European suppliers.
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