Côte d'Ivoire raises fuel prices amid Hormuz crisis

The Ivorian government announced a second fuel‑price adjustment of 2026, applying a new tariff grid from 1 to 31 August. The Direction Générale des Hydrocarbures (DGH) set the litre of super‑sans‑plomb at 905 FCFA (up 30 FCFA), diesel at 725 FCFA (up 25 FCFA) and lamp oil at 780 FCFA (up 35 FCFA). The increase follows a May adjustment and reflects the sharp rise in global crude after the near‑closure of the Strait of Hormuz, which handles about 20 % of world oil shipments.

The state has been subsidising fuel and suspending diesel import duties, spending over 100 billion FCFA between March and May to keep prices lower. With the new rates, the government warned that without intervention the super price could have exceeded 1 200 FCFA per litre. Côte d’Ivoire remains dependent on imported refined products; the Société Ivoirienne de Raffinage (SIR) cannot meet domestic demand, exposing the economy to international market volatility and pressuring household purchasing power and public finances.