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[BUSINESS] · Dominican Republic · 76 sources

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Dominican Republic increases fuel prices amid international market volatility

The Dominican Republic Ministry of Industry, Commerce, and MSMEs has announced fuel price increases for the week of September 26 to October 2, 2026. Premium gasoline will rise by RD$3.00 to RD$353.10 per gallon, regular gasoline by RD$2.00 to RD$317.50, optimal diesel by RD$4.00 to RD$306.10, and regular diesel by RD$3.00 to RD$270.80. Conversely, prices for avtur, kerosene, and fuel oil are expected to decrease.

These adjustments are driven by international market volatility, particularly due to conflicts in the Middle East and navigation restrictions in the Strait of Hormuz. To mitigate the impact on citizens, the government is allocating RD$1,770.65 million in subsidies for this period, part of a larger 'Plan Anticrisis' that has provided over RD$35,541 million in subsidies throughout 2026. Liquefied petroleum gas (LPG) and natural gas prices remain unchanged.

In response to the hikes, the Ministry held strategic meetings with transport federations, including the G-12 group. Transport leaders have committed to not immediately increasing passenger fares to protect consumers. The government is exploring further support mechanisms, such as the 'Bono Gas' and driver pensions, to alleviate the economic pressure on the transport sector and the general public.

Entities

Dominican Republic · Eduardo Sanz Lovatón · G-12 · Luis Abinader · Margarita Cedeño · Middle East · Ministerio de Industria, Comercio y Mipymes · Ministry of Industry, Commerce and MSMEs · Plan Anticrisis · S&P Global · Strait of Hormuz · United Nations

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