Abu Dhabi: Fuel prices in the United Arab Emirates have risen significantly, with new rates showing a sharp increase in both petrol and diesel costs.
Petrol Prices Rise by Over 30%
According to the newly announced rates, petrol prices have increased by more than 30%:
- Super petrol: from AED 2.59 to AED 3.39 per litre
- Special 95: from AED 2.48 to AED 3.28 per litre
- E-Plus 91: from AED 2.40 to AED 3.20 per litre
Diesel Prices See Steepest Jump
Diesel prices recorded the highest increase, rising by nearly 70%:
- Diesel: from AED 2.72 to AED 4.69 per litre
Impact on Consumers and Businesses
Experts warn that the increase in fuel prices could have widespread economic effects, including:
- Higher transportation costs
- Increase in prices of essential goods
- Rising operational costs for businesses
Analysts suggest that rising global oil prices and regional geopolitical tensions are likely contributing factors behind the surge in fuel costs.
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