UAE Announces Major Fuel Price Hike and Taxi Fare Increase for April 2026
Motorists in the United Arab Emirates are bracing for a significant financial impact as fuel prices are set to rise sharply in April 2026. The UAE Fuel Price Committee has approved new rates that will see petrol and diesel costs increase by nearly Dh2 per litre, marking one of the steepest hikes in recent years. This decision, confirmed on March 31, 2026, comes amid escalating regional tensions and global oil market disruptions.
Detailed Breakdown of New Fuel Prices
The revised fuel prices for April 2026 reflect a substantial jump from March levels. Here is a comprehensive list of the new rates:
- Super 98 petrol: Dh3.39 per litre, up from Dh2.59 in March.
- Special 95 petrol: Dh3.28 per litre, compared to the previous rate of Dh2.48.
- E-Plus 91 petrol: Dh3.20 per litre, rising from Dh2.40 per litre.
- Diesel: Dh4.69 per litre, a significant increase from Dh2.72.
This price adjustment means that filling a typical car tank will cost between Dh40 and Dh60 more in April compared to March, depending on vehicle type and fuel grade. The hike follows a period of relatively affordable fuel prices in 2025, highlighting a rapid shift in economic conditions.
Ajman Taxi Fares Adjusted in Response
In direct response to the fuel price surge, Ajman's transport authority has announced a new taxi fare structure for April 2026. Effective from the start of the month, passengers will pay Dh1.89 per kilometre, up from Dh1.74 in March. This increase of 0.15 fils per km aims to offset the higher operational costs for taxi drivers, ensuring service sustainability amidst the economic pressures.
Global Oil Market Dynamics Driving the Hike
The elevation in UAE fuel prices is primarily driven by a shortage in global oil markets, exacerbated by geopolitical tensions in the Middle East. Crude oil prices have surged to a range of $109 to $112 per barrel, influenced by disruptions in vital shipping routes such as the Strait of Hormuz. The UAE Fuel Price Committee bases its monthly pricing on average international crude and refined fuel costs, incorporating benchmarks like Murban to align with broader global trends.
This price hike, which began in March 2026 after regional tensions escalated in February, underscores the interconnectedness of local economies with international events. As the situation evolves, residents and businesses are advised to prepare for continued volatility in energy costs.
