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The Argentine Government Postponed The Increase In Fuel Taxes Until May.
Fuel prices in Argentina rise over 20% in March despite the government postponing a planned fuel tax increase to May to ease inflationary pressure from rising global oil prices, now above $100 amid the Middle East conflict. Under decree 217/2026, taxes on liquid fuels and carbon dioxide are delayed to avoid immediate increases at the pump. However, prices continue to climb due to higher crude costs. In Buenos Aires, regular gasoline is around $1,813, while premium exceeds $2,000 in some regions. The government has also authorized higher biofuel blends to contain costs, but transport sector representatives warn that rising diesel prices are impacting profitability and operations. Buenos Aires, Argentina, on April 1, 2026. (Photo by Catriel Gallucci Bordoni/NurPhoto)
Photo Details
| Photo ID | #13525617 |
|---|---|
| Date Taken | |
| Location | N/A |
| Photographer | Catriel Gallucci Bordoni/NurPhoto |
| Category | Economy, Business and Finance |
| Copyright | © 2026 NurPhoto - Catriel Gallucci Bordoni/NurPhoto |
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