The UAE on Tuesday released the updated fuel prices that will take effect from October 1.
According to the new rates:
Fuel prices had seen a slight increase in September after a dip in August. Economists note that petrol rates significantly impact inflation trends, as they directly affect transportation expenses and the overall cost of goods.
Despite fluctuations, the UAE continues to maintain one of the lowest fuel prices globally, ranking among the top 25 cheapest countries. Petrol prices in the country were deregulated in 2015 to mirror international market trends.