Mapped: Where Diesel Prices Have Surged Since the Iran War

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Mapped: Where Diesel Prices Have Surged Since the Iran War

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Key Takeaways:

  • Diesel prices have more than doubled in Laos (+149.7%) and Fiji (+110.1%) since the Iran war began.
  • Several major economies have seen sharp increases, including the U.S. (+40.5%), UK (+30.1%), China (+28.6%), and South Korea (+26.3%).
  • Oil-producing countries such as Saudi Arabia, Kuwait, Oman, and Algeria recorded no diesel price growth, highlighting how domestic supply can shield consumers from global energy shocks.

Fuel markets have been under pressure since the start of the Iran war, as concerns over oil supply disruptions pushed energy prices higher.

This visualization by Iswardi Ishak, using data from Global Petrol Prices, shows how diesel prices changed between February 23 and June 1, revealing where the conflict’s impact on fuel markets has been felt most acutely.

Unlike gasoline, diesel is deeply tied to freight transportation, agriculture, manufacturing, and construction, making it an important indicator of broader economic pressures.

How Diesel Prices Have Changed Around the World

The table below shows diesel price changes for the 128 countries in the dataset:

Rank Country Diesel Price Change (Feb 23-Jun 1)
1 🇱🇦 Laos 149.7%
2 🇫🇯 Fiji 110.1%
3 🇲🇲 Burma (Myanmar) 85.6%
4 🇱🇸 Lesotho 84.4%
5 🇮🇩 Indonesia 80.1%
6 🇦🇪 United Arab Emirates 71.8%
7 🇳🇿 New Zealand 70.6%
8 🇵🇪 Peru 64.5%
9 🇲🇾 Malaysia 62.9%
10 🇹🇿 Tanzania 60.4%
11 🇳🇵 Nepal 58.5%
12 🇨🇼 Curacao 55.7%
13 🇱🇧 Lebanon 54.6%
14 🇸🇬 Singapore 54.0%
15 🇨🇱 Chile 54.0%
16 🇭🇳 Honduras 53.8%
17 🇵🇦 Panama 53.7%
18 🇾🇹 Mayotte 52.9%
19 🇻🇳 Vietnam 49.3%
20 🇱🇰 Sri Lanka 48.0%
21 🇿🇦 South Africa 47.9%
22 🇵🇭 Philippines 46.4%
23 🇵🇷 Puerto Rico 45.6%
24 🇲🇿 Mozambique 45.5%
25 🇳🇦 Namibia 44.0%
26 🇺🇸 USA 40.5%
27 🇸🇱 Sierra Leone 40.4%
28 🇰🇪 Kenya 39.8%
29 🇬🇪 Georgia 38.9%
30 🇵🇰 Pakistan 38.1%
31 🇿🇼 Zimbabwe 37.5%
32 🇬🇩 Grenada 37.5%
33 🇧🇦 Bosnia and Herzegovina 36.5%
34 🇺🇦 Ukraine 35.6%
35 🇲🇼 Malawi 35.2%
36 🇧🇬 Bulgaria 35.0%
37 🇲🇩 Moldova 34.6%
38 🇦🇼 Aruba 33.2%
39 🇲🇦 Morocco 32.9%
40 🇹🇭 Thailand 32.1%
41 🇨🇻 Cape Verde 32.0%
42 🇯🇴 Jordan 31.8%
43 🇵🇾 Paraguay 31.2%
44 🇿🇲 Zambia 31.1%
45 🇨🇷 Costa Rica 30.6%
46 🇬🇧 United Kingdom 30.1%
47 🇰🇭 Cambodia 29.3%
48 🇰🇾 Cayman Islands 28.9%
49 🇨🇳 China 28.6%
50 🇨🇾 Cyprus 28.1%
51 🇦🇩 Andorra 28.0%
52 🇬🇭 Ghana 27.8%
53 🇸🇻 El Salvador 27.6%
54 🇦🇺 Australia 27.5%
55 🇯🇲 Jamaica 26.7%
56 🇰🇷 South Korea 26.3%
57 🇲🇰 Macedonia 25.7%
58 🇬🇾 Guyana 25.0%
59 🇲🇪 Montenegro 24.8%
60 🇦🇷 Argentina 24.5%
61 🇳🇱 Netherlands 24.2%
62 🇫🇷 France 23.9%
63 🇨🇦 Canada 23.8%
64 🇨🇿 Czech Republic 23.6%
65 🇭🇰 Hong Kong 22.9%
66 🇪🇪 Estonia 22.7%
67 🇬🇹 Guatemala 22.5%
68 🇱🇻 Latvia 21.3%
69 🇲🇺 Mauritius 20.9%
70 🇫🇮 Finland 20.9%
71 🇱🇮 Liechtenstein 20.1%
72 🇭🇷 Croatia 19.4%
73 🇱🇹 Lithuania 18.9%
74 🇦🇹 Austria 18.4%
75 🇨🇭 Switzerland 18.1%
76 🇱🇺 Luxembourg 18.1%
77 🇺🇾 Uruguay 18.0%
78 🇸🇷 Suriname 18.0%
79 🇧🇪 Belgium 17.9%
80 🇮🇸 Iceland 17.7%
81 🇸🇰 Slovakia 17.2%
82 🇮🇹 Italy 17.2%
83 🇪🇬 Egypt 17.1%
84 🇵🇹 Portugal 17.0%
85 🇸🇪 Sweden 16.9%
86 🇷🇴 Romania 16.9%
87 🇩🇰 Denmark 16.6%
88 🇹🇼 Taiwan 16.5%
89 🇷🇼 Rwanda 16.1%
90 🇩🇴 Dominican Republic 15.6%
91 🇪🇨 Ecuador 15.0%
92 🇧🇩 Bangladesh 15.0%
93 🇧🇭 Bahrain 14.5%
94 🇪🇸 Spain 14.4%
95 🇧🇷 Brazil 14.3%
96 🇵🇱 Poland 13.0%
97 🇮🇱 Israel 13.0%
98 🇸🇮 Slovenia 12.4%
99 🇬🇷 Greece 12.4%
100 🇷🇸 Serbia 12.1%
101 🇮🇪 Ireland 11.4%
102 🇯🇵 Japan 10.8%
103 🇼🇫 Wallis and Futuna 10.7%
104 🇮🇳 India 8.3%
105 🇹🇷 Turkey 8.2%
106 🇶🇦 Qatar 7.9%
107 🇩🇪 Germany 7.4%
108 🇭🇺 Hungary 7.0%
109 🇧🇯 Benin 4.2%
110 🇨🇮 Ivory Coast 3.7%
111 🇲🇽 Mexico 3.6%
112 🇨🇴 Colombia 2.7%
113 🇧🇾 Belarus 2.7%
114 🇷🇺 Russia 1.7%
115 🇳🇴 Norway 1.3%
116 🇹🇳 Tunisia 0.0%
117 🇸🇦 Saudi Arabia 0.0%
118 🇱🇨 Saint Lucia 0.0%
119 🇴🇲 Oman 0.0%
120 🇳🇮 Nicaragua 0.0%
121 🇲🇹 Malta 0.0%
122 🇲🇬 Madagascar 0.0%
123 🇰🇼 Kuwait 0.0%
124 🇨🇲 Cameroon 0.0%
125 🇧🇫 Burkina Faso 0.0%
126 🇧🇴 Bolivia 0.0%
127 🇩🇿 Algeria 0.0%
128 🇧🇧 Barbados -1.2%

The data highlights how differently countries have absorbed the shock. While diesel prices surged across much of Asia, Oceania, and parts of Africa, increases were generally more modest across several European economies. Government pricing policies, fuel subsidies, and domestic energy production all help explain these differences.

Meanwhile, several major oil-producing countries, including Saudi Arabia, Kuwait, Oman, and Algeria, recorded no diesel price growth, underscoring how domestic production and government fuel pricing policies can insulate consumers from global shocks.

The Countries Hit Hardest by Diesel Inflation

The steepest diesel price increases were concentrated in a diverse group of fuel-importing economies. Laos tops the ranking with a 149.7% increase, followed by Fiji (+110.1%), Myanmar (+85.6%), and Lesotho (+84.4%).

A number of countries also recorded increases above 60%, including Indonesia, the United Arab Emirates, New Zealand, Peru, Malaysia, and Tanzania. These gains far exceeded the increases seen across most advanced economies and underscore how global energy shocks can affect countries very differently.

How Does This Compare to Gasoline Prices?

The diesel surge mirrors trends seen in gasoline markets since the conflict began. In the United States, gasoline prices rose roughly 50% from pre-war levels during the sharpest phase of the crisis, according to reporting from PBS and NBC News.

However, some analysts note that gasoline prices have recently begun easing as crude oil markets adjust and fears of major supply disruptions have moderated. Yahoo Finance reports that falling oil prices and improving market sentiment have helped pull fuel prices off their highs, though prices remain elevated relative to pre-war levels.

The contrast illustrates a familiar pattern in energy markets: prices can rise rapidly when geopolitical risks emerge but often take longer to normalize once those risks fade.

Why Diesel Matters for the Broader Economy

Diesel is often viewed as a leading indicator of economic cost pressures because it powers much of the world’s freight network. When diesel prices rise, transportation becomes more expensive, increasing costs for manufacturers, retailers, farmers, and construction firms. Those higher costs can eventually filter through to consumers in the form of broader inflation.

In that vein, Reuters found that higher fuel costs are increasing expenses for American farmers, while economists have warned that sustained energy inflation could place additional pressure on consumer prices. Similar concerns have emerged across Europe and Asia as businesses absorb higher transportation and operating costs.

This helps explain why investors continue to closely monitor developments in the Middle East. Even small changes in global oil flows can have outsized effects on fuel prices, transportation costs, and economic growth.

Learn More on the Voronoi App

If you enjoyed this post, check out How Much Does Everyone Pay for Gas Around the Globe? on the Voronoi app to compare fuel prices across countries and see where drivers pay the most, and least, at the pump.

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