UK, EU Gasoline Prices Spike to Record High Amid Russia’s Destabilization of Ukraine

UK, EU Gasoline Prices Spike to Record High Amid Russia’s Destabilization of Ukraine
A car being filled up with diesel at a petrol station in London, in an undated photo. Yui Mok/PA
Bryan Jung
Updated:

Gasoline prices in the UK and the EU have risen to new highs as the Russia-Ukraine crisis continues to hit oil prices, threatening to further push up heating bills in Europe.

Most Five Eyes countries, several European nations, and Japan on Feb. 22 hit Russia with new sanctions for ordering troops into two separatist regions of Donetsk and Lugansk in eastern Ukraine.

Bryan Jung
Bryan Jung
Author
Bryan S. Jung is a native and resident of New York City with a background in politics and the legal industry. He graduated from Binghamton University.
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