How did the Russian invasion impact fuel prices?

Esri UK developed an interactive map to see the difference in fuel prices in the six weeks that followed the start of the conflict.

The Russian invasion of Ukraine on 24 February had a massive impact on global fuel prices. Mapping and analytics company Esri UK created an interactive global petrol prices map to have a better understanding of the situation

The interactive map shows the increase and decrease in the average price of a litre of unleaded petrol from 21 February to 4 April, 2022.

Petrol prices soared to record highs in many countries around the globe in March, driven predominantly by increased demand following the easing of pandemic restrictions and supply disruptions caused by the war.

Using data from Global Petrol Prices, the map shows the significant differences around the world. In Europe, prices increased the most in Monaco with a 30% rise to £1.89 per litre, followed by Poland by 24% to £1.21, while the largest decrease has been in Belarus with a 13% reduction to £0.52, followed by Ukraine by 4% to £0.87.

In comparison, average petrol prices increased in the UK by 9% to £1.63 per litre in the same period.

Globally, the highest increase has been in Sudan with a 63% rise to £1.15, while the largest decrease remains Belarus with a 13% reduction to £0.52.

Esri UK created the visualisation by highlighting the road network in each country. Red shows an increase while blue portrays a price reduction and hovering over each country reveals the figures.

See the map here.