Fuel prices in the United Arab Emirates (UAE) have recorded a significant increase, with both petrol and diesel rates rising sharply under the latest revision announced by authorities.
Read More: UAE hikes petrol and diesel prices sharply
According to the updated pricing structure, petrol rates have increased by more than 30 percent, while diesel has seen an even steeper rise of nearly 70 percent. The sharp hike reflects changing global energy dynamics and market conditions impacting fuel costs across the region.
Under the new rates, Super petrol now costs 3.39 dirhams per litre, up from 2.59 dirhams. Similarly, Special 95 petrol has risen from 2.48 dirhams to 3.28 dirhams per litre. E-Plus 91 petrol has also witnessed a notable jump, increasing from 2.40 dirhams to 3.20 dirhams per litre.
Diesel prices have experienced the largest increase among fuel categories. The per-litre cost has surged from 2.72 dirhams to 4.69 dirhams, marking a substantial rise that could have broader implications for transportation and logistics costs.
The increase is expected to impact both consumers and businesses, particularly sectors reliant on fuel such as transport, construction, and delivery services. Higher diesel prices, in particular, may contribute to increased operational costs and could potentially influence prices of goods and services.
Analysts suggest that such price adjustments are often linked to fluctuations in international oil markets and regional supply-demand dynamics. Governments in the Gulf region periodically revise fuel prices in line with global benchmarks.
While the increase may place additional financial pressure on residents, authorities typically balance such measures with broader economic policies aimed at maintaining stability and supporting growth.
Read More: Fuel prices hiked in UAE for july, petrol and diesel become costlier
The development underscores the sensitivity of fuel markets to global trends and highlights the need for efficient energy use and cost management strategies.