The United States-Israel war against Iran, which erupted on February 28, 2026, triggered a surge in global crude oil prices.
The price increase occurred after Iran restricted shipping through the Strait of Hormuz, a major oil export route from the Middle East.
This then resulted in rising fuel prices in many countries.
According to Global Gasoline Price data, after approximately three weeks of the war, gasoline prices rose in 106 countries, with the highest increase occurred in the Philippines.
As of March 23, 2026, gasoline prices in the Philippines had increased by 54.20% compared to the week before the war.
Meanwhile, 56 countries saw unchanged gasoline prices during the same period, including Venezuela, Saudi Arabia, Libya, Kuwait, Iraq, and Iran.
Furthermore, eight countries saw gasoline prices decrease, including Syria.
Here's a breakdown of the countries experiencing gasoline price increases through March 23, 2026:
- Philippines: 54.20% (percentage price change compared to the week before the war on February 23, 2026)
- Cambodia: 49.40%
- Nigeria: 48.70%
- Australia: 42.00%
- Zimbabwe: 39.10%
- Guatemala: 34.10%
- Sri Lanka: 33.80%
- Laos: 32.90%
- Vietnam: 31.80%
- United States: 30.20%
- Lebanon: 28.60%
- Peru: 27.80%
- Canada: 25.20%
- Estonia: 25.10%
- Pakistan: 24.40%
- Norway: 23.90%
- Moldova: 22.70%
- Austria: 22.00%
- Myanmar: 21.20%
- Singapore: 20.50%
- Belgium: 20.50%
- Andorra: 20.40%
- Sweden: 20.20%
- Puerto Rico: 19.70%
- Paraguay: 19.50%
- Maldives: 18.60%
- Latvia: 18.60%
- Macedonia: 17.70%
- Poland: 17.40%
- Greece: 17.20%
- France: 17.10%
- Germany: 16.70%
- Luxembourg: 16.50%
- Ukraine: 15.70%
- Romania: 15.60%
- Denmark: 15.10%
- Czech Republic: 15.10%
- Albania: 15.00%
- Bulgaria: 14.90%
- Egypt: 14.30%
- Cyprus: 14.10%
- Portugal: 14.00%
- Morocco: 13.90%
- Lithuania: 13.50%
- Liechtenstein: 12.90%
- Sierra Leone: 12.30%
- Taiwan: 12.20%
- Monaco: 11.40%
- Bosnia-Herzegovina: 11.30%
- Switzerland: 11.00%
- New Zealand: 10.70%
- Netherlands: 10.50%
- Turkey: 10.10%
- Slovenia: 10.10%
- Iceland: 10.00%
- China: 10.00%
- Argentina: 9.70%
- Nepal: 9.60%
- United Kingdom: 9.50%
- Montenegro: 9.40%
- Thailand: 8.70%
- South Korea: 8.40%
- Ethiopia: 7.90%
- Spain: 7.40%
- San Marino: 7.20%
- Afghanistan: 7.00%
- Cape Verde: 6.70%
- Jamaica: 6.60%
- United Arab Emirates: 6.40%
- Hungary: 6.40%
- Croatia: 6.20%
- Ireland: 5.60%
- Brazil: 5.60%
- Malaysia: 5.10%
- Serbia: 5.00%
- Liberia: 4.90%
- Suriname: 4.80%
- Hong Kong: 4.70%
- Panama: 4.60%
- Aruba: 4.60%
- Finland: 4.20%
- Bhutan: 4.20%
- Armenia: 4.20%
- Curaçao: 4.00%
- Mexico: 3.50%
- Slovakia: 3.40%
- Granada: 3.00%
- Indonesia: 2.80%
- Cayman Islands: 2.80%
- Tanzania: 2.70%
- Qatar: 2.70%
- Japan: 2.50%
- Georgia: 2.30%
- Italy: 2.20%
- Israel: 2.00%
- Lesoto: 1.40%
- Jordan: 1.40%
- Kyrgyzstan: 1.30%
- Honduras: 1.30%
- El Salvador: 1.30%
- Mayotte: 1.20%
- South Africa: 1.00%
- Russia: 0.80%
- Costa Rica: 0.80%
- Barbados: 0.50%
- Chili: 0.40%
These countries then experienced no change in gasoline prices until March 23, 2026:
- Wallis-Futuna Islands: 0.00% (percentage price change compared to the week before the war, February 23, 2026)
- Venezuela: 0.00%
- Uganda: 0.00%
- Turkey: 0.00%
- Tunisia: 0.00%
- Trinidad-Tobago: 0.00%
- Togo: 0.00%
- Swaziland: 0.00%
- Sudan: 0.00%
- Senegal: 0.00%
- Saudi Arabia: 0.00%
- Saint Lucia: 0.00%
- Rwanda: 0.00%
- Oman: 0.00%
- Nigeria: 0.00%
- Nicaragua: 0.00%
- Namibia: 0.00%
- Mozambique: 0.00%
- Mongolia: 0.00%
- Mauritius: 0.00%
- Malta: 0.00%
- Mali: 0.00%
- Malawi: 0.00%
- Libya: 0.00%
- Kuwait: 0.00%
- Kenya: 0.00%
- Kazakhstan: 0.00%
- Ivory Coast: 0.00%
- Iraq: 0.00%
- Iran: 0.00%
- India: 0.00%
- Haiti: 0.00%
- Guyana: 0.00%
- Guinea: 0.00%
- Ghana: 0.00%
- Gabon: 0.00%
- Ecuador: 0.00%
- Dominican Republic: 0.00%
- Dominica: 0.00%
- Democratic Republic of the Congo: 0.00%
- Cuba: 0.00%
- Central African Republic: 0.00%
- Cameroon: 0.00%
- Burundi: 0.00%
- Burkina Faso: 0.00%
- Botswana: 0.00%
- Bolivia: 0.00%
- Benin: 0.00%
- Belize: 0.00%
- Belarus: 0.00%
- Bangladesh: 0.00%
- Bahrain: 0.00%
- Bahamas: 0.00%
- Azerbaijan: 0.00%
- Angola: 0.00%
- Algeria: 0.00%
Meanwhile, in countries experiencing gasoline price reductions through March 23, 2026:
- Seychelles: -0.10% (percentage price change compared to the week before the war, February 23, 2026)
- Uruguay: -1.20%
- Uzbekistan: -1.80%
- Colombia: -3.10%
- Madagascar: -3.90%
- Fiji: -4.30%
- Zambia: -4.60%
- Syria: -4.80%