UAE fuel prices surge up to 70% amid Middle East tensions

According to Al Bayan, the price hikes will affect diesel and multiple petrol categories across the country, reflecting a broader surge in oil prices over the past month.

Sharp increases across fuel types

Diesel will see the steepest rise, climbing by approximately 72% to 4.69 dirhams ($1.28) per litre, up from 2.72 dirhams ($0.74). Super 98 petrol is expected to increase by around 30%, reaching 3.39 dirhams ($0.92), while Special 95 petrol will rise by 32% to 3.28 dirhams ($0.89).

E-plus petrol will also register a notable increase of 33.3%, bringing its price to 3.2 dirhams ($0.87) per litre.

Global oil market pressures

The surge comes amid a significant rise in global oil prices, which have climbed by roughly 40% in recent weeks. Market volatility has been driven by geopolitical tensions, particularly in the Gulf region, where key energy routes remain under pressure.

Developments around the Strait of Hormuz have heightened concerns over supply disruptions, contributing to upward pressure on fuel costs worldwide.

Impact on consumers and economy

The price adjustments are expected to affect transportation costs and broader economic activity in the UAE, as higher fuel prices typically translate into increased costs for goods and services.

Authorities and markets are closely monitoring the situation, as continued instability in the Middle East could sustain or further intensify price pressures in the coming weeks.