Home News UAE Acts to Control Consumer Price Hikes Amid Global Fuel Cost Rise

UAE Implements Measures to Control Consumer Price Increases

Apr 7, 2026
52 min
5
Apr 7, 2026 17:30
UAE moves to curb price hikes despite rising global fuel costs

## New Mechanism to Stabilize Prices

The United Arab Emirates has introduced a new strategy to mitigate the impact of rising global fuel costs on consumer goods. This initiative, announced by Suhail Mohammed Al Mazrouei, the Minister of Energy and Infrastructure, aims to prevent unjustified price hikes in the market.

## Global Fuel Price Impact

Recent increases in global fuel prices, influenced by geopolitical developments involving Iran, have disrupted supply chains and affected economies worldwide. Despite these challenges, the UAE is taking steps to ensure that consumer prices remain stable.

## Coordination with Ministries

The new mechanism has been developed in collaboration with the Ministry of Economy and Tourism. It focuses on ensuring that any price increases are justified and not exploited by traders or carriers.

## Shipping Costs Clarified

Al Mazrouei highlighted that shipping costs are only a minor component of the overall value chain for goods. By clarifying this percentage, authorities aim to prevent any unwarranted inflation of prices by those involved in the transportation and sale of goods.

Read the full story at the source

What you need to know to get Emirates ID?

Leave your details and get a guide as a gift to avoid mistakes

Guide illustration
Article contents