The pressure on fuel prices in the UAE is increasing, as the increasing tension between Israel and Iran is shaking the international market. Experts say that the cost of crude oil can cross $100 per barrel, which can directly affect petrol and diesel prices in the UAE in the coming month.
There was a strong jump in crude oil prices after Israel attacked Iran on a large scale. Iran’s nuclear and military bases were targeted in this attack. Since then, global oil prices have increased rapidly:
- Brent Crude: Closed at $74.23 per barrel with a gain of 7.02%
- WTI Crude: A gain of 7.26% to $72.98 per barrel
If the effect of this increasing stress persists, then UAE drivers may have to pay more for fuel next month.
Current UAE Fuel Prices Remain Unchanged
Fuel prices in the UAE remained stable in June:
- Super 90 – DH2.58
- Special 95 – DH2.47
- E-Plus- DH2.39
However, if the oil prices in the international market continue to rise, the prices of petrol and diesel in the UAE will increase next month. This will directly affect the pockets of the UAE motorists.
Upcoming Changes in UAE Petrol and Diesel Prices
Oil market fluctuations remain constant, and their effect may be visible on UAE fuel prices in the coming time. In such a situation, it becomes necessary not only for businessmen but also for the common people to keep an eye on the latest situation. Because if there is a major event in this oil-rich area, it can have a direct impact on the prices of petrol and diesel in the UAE.
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