Published by Global Banking & Finance Review®
Posted on March 23, 2026
2 min readLast updated: March 23, 2026
Add as preferred source on GoogleUkraine’s diesel supply is secure through March with imports near 17,000 mt daily, totaling ~522,000 mt—on par with March 2025—but April supplies remain uncertain amid surging prices and indecision from suppliers.
KYIV, March 23 (Reuters) - Ukraine's diesel market is supplied through to the end of March, and daily imports have risen by 3% to nearly 17,000 metric tons, but supplies for April are uncertain amid rising prices, analysts at Enkorr consultancy said on Monday.
After Russian missile strikes virtually destroyed Ukraine's domestic refining capacity, the country became almost entirely dependent on imported fuel, sourcing supplies from western, central and southern Europe.
At the current pace of imports, the monthly total could reach 522,000 tons in March, almost the same volume as in March 2025.
However, there is no clarity on the situation in April, with suppliers delaying decisions until the last moment, Enkorr said in a report.
Ukraine's energy ministry did not immediately respond to a request for comment.
"Talks are ongoing, but so far no one is naming specific volumes, guarantees or, let alone, premiums," the consultancy quoted one trader as saying.
Another trader added that wholesale diesel prices had jumped by nearly 50% in less than a month because of the Middle East war. There are concerns of further increases if the war persists.
Ukraine's deputy economy minister told Reuters last week that the country could boost rapeseed plantings by a third to 1.5 million hectares if the conflict in Iran drags on, as soaring global fuel prices lift demand for biodiesel feedstocks.
(Reporting by Pavel PolityukEditing by Alexandra Hudson)
Yes, current imports ensure Ukraine's diesel market is supplied through the end of March 2024.
Ukraine relies on imports after Russian missile strikes destroyed its domestic refining capacity.
Ukraine imports diesel from western, central, and southern Europe.
Yes, wholesale diesel prices have jumped by nearly 50% in less than a month due to the Middle East conflict.
Uncertainty is due to rising prices and suppliers delaying decisions about volumes and guarantees.
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