The new rates were approved by the UAE Fuel Price Committee and confirmed on March 31, 2026, in line with the country's monthly fuel price revision mechanism. New fuel pricesThe surge reflects escalating global crude oil prices amid ongoing geopolitical tensions and supply disruptions. Global oil surge drives UAE ratesThe UAE's fuel pricing is directly linked to global oil markets, and the April hike reflects a sudden spike in crude prices worldwide. The UAE Fuel Price Committee reviews and announces updated rates at the end of each month, based on the average global price of oil and refined fuel products. The April increase, therefore, represents a sharp turnaround, pushing petrol prices well above Dh3 per litre in a single revision cycle.

Source: dna March 31, 2026 12:24 UTC