Tesco to ration cooking oil purchases as war in Ukraine hits food prices

  • Date: 22-Apr-2022
  • Source: The Guardian
  • Sector:Oil & Gas
  • Country:Gulf
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Tesco to ration cooking oil purchases as war in Ukraine hits food prices

Tesco has become the latest supermarket to ration cooking oil as the Russia-Ukraine war chokes off the flow of sunflower oil to the UK food industry, adding to inflationary forces pushing up the price of popular items like crisps and chips.

Most of the UK’s sunflower oil comes from Ukraine and the war has had a devastating impact on availability as exports ground to a halt. With firms left scrabbling to source other vegetable oils, the price of cooking oil in the shops is about a 20% higher than a year ago.

Tesco has introduced a buying limit of three bottles per customer across its entire cooking oil range. The UK’s biggest retailer says it has good availability of cooking oil but on its website a small number of vegetable oils are out of stock.