Fuel price hikes in Mexico, Spain and Honduras raise consumer costs
In Mexico, daily listings for 19 July 2026 show regular gasoline priced between 23.68 and 23.99 pesos per litre, premium around 28.4‑28.9 pesos and diesel near 27‑29 pesos, with variations across states such as Colima, Quintana Roo and Cancún.
In Spain, the Ministry’s geoportal reports average July 2026 prices of €1.60 / l for 95 gasoline, €1.79 / l for 98 and €1.65 / l for diesel. Low‑cost chains like Costco, Alcampo, Ballenoil and Petroprix sell below‑average rates, and a recent IO Investigación study finds 47 % of drivers now prefer low‑cost stations, citing price as the primary factor.
In Honduras, the Asociación Hondureña de Distribuidores de Productos del Petróleo announced a fuel price increase effective 20 July 2026, linked to a 15 % rise in international crude after heightened U.S.–Iran tensions, and urged consumers to resume saving measures.
Economists such as Mauricio Salinas note that rising fuel costs in 2026 are adding to cost‑of‑living pressure, reducing household purchasing power by up to 20 % as transport and goods prices climb.