List of Countries with the Highest Fuel Prices in the World
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Russia's invasion of Ukraine has directly impacted fuel prices worldwide. Currently, 14 countries have average gasoline prices exceeding US$2 per liter.
In 2021, only Hong Kong had gasoline prices exceeding US$2 per liter. Currently, Hong Kong remains the country with the highest gasoline price, reaching US$2.52 per liter.
Finland is ranked second at US$2.42 per liter. Germany's fuel price stands at US$2.40 per liter, Italy at US$2.39 per liter, and Norway at US$2.31 per liter.
Eight of the ten countries with the highest fuel prices are members of the European Union. This is unsurprising, as the EU's oil imports are primarily (24.7%) sourced from Russia.
To date, the EU has not imposed sanctions on Russian oil and gas imports. If implemented, fuel prices could increase even further in EU countries.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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