June 17, 2026
The second fuel price hike since Apr 18 has taken effect on Monday
Motorists face higher fuel costs from Jun 1
Finance minister says economy under strain from global shocks and legacy debts
The rates are being revised on a fortnightly basis and are based on the average international prices
Inflation is expected to remain elevated this year, adding pressure on economies
Retail fuel rates will continue at existing levels from May 1
The war may boost investment to cut biofuel cost premiums
Travellers are shifting plans amid uncertainty and rising costs
