Black Sea war risk insurance adds up to 15 bani per liter to Romanian gasoline

Attacks on commercial shipping in the Black Sea are driving up war-risk insurance premiums, which could add 6-15 bani per liter to Romanian gasoline prices, according to an analysis by Frames. This compounds higher freight rates and supply delays, reflecting a direct passthrough of geopolitical risk to consumer fuel costs. The magnitude of the final price impact remains uncertain as it depends on the duration and intensity of the shipping disruptions.