Commodities

"Historical Increase in Diesel Prices Following US Sanctions on Russia"

Yatirimmasasi.com
24/10/2025 13:01
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New US Sanctions and Energy Markets


US President Donald Trump has intensified comprehensive sanctions against Russia to end the war in Ukraine. This new sanctions package targets the country's two leading energy giants, Rosneft and Lukoil. Experts suggest that this move could create significant tightness in global oil supply and substantially increase prices.

Increase in Brent Oil Prices


Immediately following the announcement of the sanctions, Brent oil prices saw a 5% increase. This fluctuation is believed to potentially create new crisis scenarios in the energy market. The rise in prices has the potential to directly affect fuel costs worldwide.

Record Increase in Diesel Prices in Turkey


According to journalist Olcay Aydilek, a 3 Turkish lira and 4 kuruş increase in diesel prices is expected to take place in Turkey starting from midnight tonight. This increase will go down in history as the highest single pump price increase in recent years. Experts predict that if international tensions continue, the rise in pump prices is likely to persist in the coming weeks.

New Waves of Increases May Occur


This sudden spike in diesel prices is anticipated to cause cost increases across many sectors, from transportation and logistics to the food industry. Economic experts warn that these developments could trigger a new wave of price increases nationwide.

US Russia sanctions, diesel prices, Brent crude oil increase, fuel price hikes, energy market.
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