UAE Announces Fuel Prices for July 2025
UAE Announces Fuel Price Hike for July 2025 After Months of Stability
The United Arab Emirates has announced updated petrol and diesel prices for July 2025, marking a notable rise after several months of steady rates. This increase comes amid escalating geopolitical tensions that have exerted upward pressure on global oil markets.
Fuel Prices Rise Across All Grades
Following a period of unchanged prices in June, the UAE has raised fuel costs across all categories starting July 1. The new rates are as follows:
-
Super 98 petrol: Dh2.70 per litre (previously Dh2.58)
-
Special 95 petrol: Dh2.58 per litre (previously Dh2.47)
-
E-Plus 91 petrol: Dh2.51 per litre (previously Dh2.39)
-
Diesel: Dh2.63 per litre (previously Dh2.45)
This marks a reversal of the price declines seen in March and April and follows a slight increase in May.
Geopolitical Tensions Trigger Oil Market Fluctuations
The recent price adjustment aligns with a surge in global crude oil prices earlier in June. Heightened tensions in the Middle East, triggered by conflict between Israel and Iran and subsequent U.S. airstrikes on Iranian nuclear sites, have driven volatility in oil markets. This unrest has contributed to the rising cost of fuel, impacting prices within the UAE.
Since the deregulation of petrol prices in 2015, the UAE adjusts its fuel rates monthly based on global market conditions. The Fuel Price Committee carefully monitors international oil trends to set domestic prices that reflect current market realities while maintaining transparency.
The July 2025 increase reflects ongoing global energy challenges and regional uncertainties. UAE consumers and businesses should anticipate potential further fluctuations in fuel costs in the coming months.
No comments:
Post a Comment