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20 Countries with the Highest Gasoline Price Increases after the US-Israel War against Iran

Adi Ahdiat 25/03/2026 12:42 WIB

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The US-Israeli war against Iran has triggered a rise in fuel prices in many countries. As of March 23, 2026, the highest increase in gasoline prices occurred in the Philippines.

20 Countries with the Highest Increase in Fuel Price Percentage after the US-Israel War Against Iran (February 23 - March 23, 2026)*

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20 Countries with the Highest Increase in Fuel Price Percentage after the US-Israel War Against Iran (February 23 - March 23, 2026)*

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The United States-Israel war against Iran that erupted since February 28, 2026, triggered a rise in global crude oil prices.

The price increase occurred after Iran restricted ship traffic in the Strait of Hormuz, a major route for oil exports from the Middle East.

This subsequently led to a rise in the price of petroleum products in many countries.

According to Global Petrol Prices, after about three weeks of the war, the price of gasoline rose in 106 countries, with the highest increase occurred in the Philippines.

As of March 23, 2026, the price of gasoline in the Philippines had risen by 54.20% compared to the week before the war broke out, on February 23, 2026.

In a similar period, significant increases in gasoline prices also occurred in Cambodia, Nigeria, Australia, Zimbabwe, Guatemala, Sri Lanka, Laos, Vietnam, the United States, and other countries, as shown in the chart.

According to Global Petrol Prices, the rate of increase in fuel prices varies from country to country due to their different government policies.

"Typically, prices in countries with liberalized fuel markets adjust more rapidly," said Global Petrol Prices on its website, quoted on March 25, 2026.

"Governments in countries with regulated prices often wait several weeks to determine whether the oil price change is permanent before adjusting retail prices. If the shock is large, governments may also intervene to suppress a price increase," it continued.

Global Petrol Prices collects this fuel price data from government ministries/agencies, international oil companies, and mass media reports in each country.

Editor : Adi Ahdiat

"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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20 Countries with the Highest Gasoline Price Increases after the US-Israel War against Iran

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20 Countries with the Highest Gasoline Price Increases after the US-Israel War against Iran

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