This bachelor paper under topic of "The Impact of the War in Ukraine on Fuel Prices in Europe" explains how the military invasion of Ukraine took place and the course of events. The aim of the paper is to show the reasons for the conflict, the whole process and the course of events are explained. Following these developments, the EU had to take certain measures to potentially end the military invasion and for this reason imposed a series of sanctions on Russia and motivated further prevention of war to encourage the people of Europe to help the citizens of Ukraine and those leaving Ukraine. provide them with accommodation and other types of assistance to ensure their social status. The EU has provided financial and military resources to help Ukraine increase its resilience to Russian military attacks. As a result, the war has a major impact on the global economy, trade and the economy. The paper explains the impact on the state of fuel prices and the reasons that led to the increase in inflation. The importance of turning to alternative fuels was also mentioned, as well as the large financial expenditures needed to implement these plans. The current situationin the world and European economy and the future forecast of the growth of fuel prices are presented.