# Fuel and energy cost increases in Spanish islands > Live situation record from CLSTR: https://clstr.news/situations/fuel-and-energy-cost-increases-in-spanish-islands > Updated: 2026-09-06T17:59:57.000Z. Sources: 2. Developments: 2. Spanish island territories are experiencing significant increases in fuel and energy costs, driven by geopolitical tensions and geographic isolation. In the Balearic Islands, diesel and gasoline prices have risen sharply compared to the previous year. Joan Mayans, president of the Federation of Service Stations of the Balearic Islands, attributed this volatility to tensions between the US and Iran and uncertainty regarding the security of the Strait of Hormuz. There are concerns that a drop in sales may become evident once the summer tourist season ends. Similarly, the Canary Islands have seen substantial price hikes, with 95-octane gasoline rising approximately 22% and diesel increasing by roughly 26% between January and July. The archipelago is facing high energy-driven inflation, recording an Industrial Price Index increase of 18.5% in July, which is more than double the Spanish national average. This vulnerability is linked to the islands’ ultra-peripheral status and their heavy reliance on imported petroleum-derived fuels for electricity generation. ## Timeline ### 2026-09-06: Canary Islands face rising fuel and industrial energy costs Fuel prices in Lanzarote have surged, with diesel rising 26% since January. The Canary Islands' industrial price index also doubled Spain's national average due to high energy import dependency. 2 sources. https://clstr.news/cluster/canary-islands-face-rising-fuel-and-industrial-energy-costs ### 2026-08-19: Fuel prices rise in the Balearic Islands Fuel costs in the Balearic Islands have risen sharply, with diesel and gasoline tank refills costing between 11 and 21 euros more than last year due to Middle East tensions. 2 sources. https://clstr.news/cluster/fuel-prices-rise-in-the-balearic-islands --- Cite as: Fuel and energy cost increases in Spanish islands. CLSTR, https://clstr.news/situations/fuel-and-energy-cost-increases-in-spanish-islands