Financial fortress: Ukrainian business is massively changing its financial model

March 2026 served as another reminder of how deeply the Ukrainian economy depends on global processes. A surge in global oil prices above $100 per barrel, triggered by escalating tensions in the Middle East, had an immediate impact domestically: fuel prices rose by more than 12%.

For Ukraine, which imports almost all its petroleum products, this is not just market news but a systemic impact factor. Fuel is a core component of the cost structure in most sectors; therefore, its price increase triggers a chain reaction from production to the final consumer price.

Andrii Bukin, Deputy Chairman of the Board of Pivdenny Bank, shared his insights on how the fuel factor has changed the landscape and what to expect over the next 6–12 months in a column for New Voice.

The full text is available at the link.