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UAE Fuel Prices Set to Hike Up to 72 Percent Starting April 1
(MENAFN) The United Arab Emirates is set to impose sweeping fuel price hikes of between 30% and 72% effective April 1, as escalating Middle East tensions continue to drive global energy costs sharply higher.
Diesel will bear the steepest blow, rocketing 72% from 2.72 dirhams ($0.74) to 4.69 dirhams ($1.28) per litre. Three categories of petrol are also facing significant markups, according a to local media outlet Al, which first reported the increases on Tuesday.
Super 98 petrol will climb 30% to 3.39 dirhams ($0.92), while Special 95 petrol is set to rise 32%, reaching 3.28 dirhams ($0.89). E-Plus petrol will not be spared either, jumping 33.3% to 3.20 dirhams ($0.87).
The adjustments come against a backdrop of mounting pressure on global oil markets, which have surged approximately 40% over the past month alone — a spike analysts attribute largely to the deepening instability gripping the broader Middle East region.
The across-the-board revisions signal one of the most aggressive fuel pricing shifts the UAE has seen in recent memory, with consumers and businesses alike bracing for the immediate economic ripple effects when the new rates take hold on Tuesday.
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