This is just the beginning: drivers warned about a new rise in fuel prices.

Ukraine is feeling the effects of rising fuel prices due to the escalation of the conflict in the Middle East, which has caused turbulence in the global oil market. From June 9 to June 16, wholesale gasoline prices increased by 2.13 hryvnias per liter, reaching 49.28 UAH/liter, while diesel fuel rose by 4.32 hryvnias to 47.18 UAH/liter, according to the Ministry of Finance.

Experts note the abnormally rapid response of the domestic market to rising global oil prices. Usually, fluctuations in commodity prices are reflected in fuel product costs over the course of several weeks, but this Time changes occurred almost instantly.

The founder of the Prime Group of Companies, Dmytro Leushkin, warns that Ukrainian motorists are only seeing the beginning of price changes. 'For now, Ukrainian drivers are witnessing just the first stage of price changes,' he noted, predicting further increases in gasoline and diesel prices by 5 hryvnias per liter.

The rise in fuel prices may provoke a chain reaction of price increases in the transport sector and, as a result, a rise in the prices of a wide range of goods. The agricultural sector is particularly vulnerable, where fieldwork is currently ongoing.

Oleh Pendzin, the head of the Economic Discussion Club, emphasizes the serious risks for the future harvest. 'Fieldwork is ongoing, and the dependence on diesel fuel prices is very high. For example, in grain production, the share of fuel in production costs can reach 15-20%, and it is higher when the overall yield is lower. Therefore, as a result, we may see increased prices for grain,' the expert explained.

If grain prices rise, this may lead to an increase in flour and feed prices, which will further impact the country's food market.

The rise in fuel prices in Ukraine will significantly impact the country's economy, particularly in the transport sector and agriculture. Experts predict further increases in gasoline and diesel prices, which may lead to higher costs for goods and services for the population.

Ukraine feels the consequences of the rapid increase in fuel prices due to geopolitical conflicts in the world. The rise in petroleum products can significantly affect the living standards of citizens and lead to increased transportation and food costs. The negative impact of these changes will first affect agricultural enterprises, which may face rising prices for fuel and animal feed. The risks concerning fuel and food prices in the domestic market require careful analysis and possible regulatory measures from the government.