Keller tells clients to expect firms to pass on rising fuel costs following war in Ukraine

By Dave Rogers2022-03-08T10:33:00

Ground engineer says cost of putting diesel into its machines will jump as oil prices rocket

Keller has warned clients to expect firms to start passing on escalating fuel costs as the price of oil yesterday reached a 14-year high following Russia’s invasion of Ukraine.

The ground engineering contractor said the price of putting diesel into its fleet of machines was set to shoot up in the coming weeks with the hike being driven by uncertainty over whether the US and European allies will ban imports of Russian oil along with delays in the potential return of Iranian crude to global markets – with this linked to talks to revive Iran’s 2015 nuclear deal.

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