Oil price rise threatens Germany’s road haulage industry
- Date: 14-Mar-2022
- Source: Euronews
- Sector:Industrial
- Country:Gulf
Oil price rise threatens Germany’s road haulage industry
Russia's invasion of Ukraine has sent oil prices rocketing, as supply is hit with impending import bans from various countries.
Brent crude oil, the international standard, is now trading comfortably over $100 a barrel. Last week there were wild price fluctuations, further increasing uncertainty.