Petrol prices in the UAE have risen to a nearly four-year high for June 2026, owing to a spike in global oil prices following the Middle East war and the closure of the Strait of Hormuz. Petrol prices for June 2026 jumped 8% month on month, with Super 98 rising to Dh3.95 per litre in June from Dh3.66 in May, an increase of 7.92%. Special 95 will cost Dh3.83 in June 2026, up from Dh3.55 in May this year, representing a 7.88% increase.
Petrol prices in June are the highest since August 2022, when they topped Dh4 per litre for the first time in the country owing to the Russia-Ukraine war. In August 2022, the prices for Super 98, Special 95, and E-Plus 92 were Dh4.03, Dh3.92, and Dh3.84 per litre.
In 2015, the UAE declared that local fuel and diesel prices would be deregulated to match global values. Since then, local retail fuel rates have been updated at the end of each month to reflect global oil prices. As previously reported by Khaleej Times, petrol prices were likely to rise in June, with Brent’s average closing price of roughly $106 per barrel as of May 25, up from around $99 per barrel in April.
Brent reached $114.44 per barrel in early May 2026 due to the regional war, which significantly disrupted crude oil supply following the closure of the Strait of Hormuz. Prices fell when the ceasefire was proclaimed, but are still trading in the $90s per barrel. Brent and WTI ended the week at $91.12 and $87.37 a barrel, respectively.
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