Cambodia's Diesel Prices Skyrocket Amid Middle East Tensions

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Cambodia's Diesel Prices Skyrocket Amid Middle East Tensions

Synopsis

Phnom Penh reports alarming increases in fuel prices, with diesel more than doubling since the start of the Middle East conflict. This surge is prompting government action to ease the financial burden on citizens and impacting air travel costs.

Key Takeaways

Diesel prices have more than doubled in Cambodia, reaching 8,100 riels ($2.03).
Regular gasoline prices have risen to 5,500 riels ($1.37) per liter.
The government has reduced import duties on fuel products to mitigate impacts on consumers.
Air travel costs are also rising due to increased fuel prices.
Cambodia is entirely dependent on imported petroleum.

Phnom Penh, April 4 (NationPress) The price of diesel in Cambodia has surged more than twice since the escalation of the Middle Eastern conflict, as reported by the Ministry of Commerce.

In a statement released on Friday evening, the ministry disclosed that the cost of a liter of diesel has reached 8,100 riels ($2.03), marking a 110% increase from 3,850 riels ($0.96) at the end of February.

Additionally, regular gasoline is now priced at 5,500 riels ($1.37) per liter, reflecting a 42.8% rise from 3,850 riels ($0.96) at the close of February, according to the ministry's announcement.

The cost of Liquefied Petroleum Gas (LPG) has also grown to 3,900 riels ($0.97) per liter, up 95% from 2,000 riels ($0.50) at the end of February.

To alleviate the burden of escalating fuel prices, the government implemented a reduction in import duties and taxes on fuel products on March 20, as reported by Xinhua News Agency.

Furthermore, on March 28, the government decided to lower import duties on electric vehicles (EVs), passenger plug-in hybrid electric vehicles (PHEVs), electric stoves, and solar-powered devices.

The Southeast Asian nation depends entirely on imported petroleum and diesel, as its seabed oil reserves remain untapped.

On March 31, it was noted that eighteen out of 36 airlines operating flights to and from Cambodia had raised their air ticket prices due to rising fuel costs linked to the conflict in the Middle East, according to a spokesperson for civil aviation.

Sinn Chanserey Vutha, the secretary of state and spokesperson for the State Secretariat of Civil Aviation, indicated that airlines have incorporated a fuel surcharge into their basic airfares based on the distance of the flights.

Four domestic airlines have increased their fares by about $21 on average, while foreign airlines have raised theirs by around $28 on average, as stated in a news release.

Point of View

The significant rise in fuel prices in Cambodia necessitates urgent government intervention to protect consumers. The dependency on imported fuels highlights the need for a long-term strategy to enhance energy independence.
NationPress
17 Jul 2026

Frequently Asked Questions

Why have diesel prices in Cambodia increased so much?
The surge in diesel prices is primarily due to the ongoing Middle East conflict, which has influenced global fuel costs.
What measures is the Cambodian government taking to address rising fuel prices?
The government has reduced import duties and taxes on fuel products and electric vehicles to help mitigate the impact of rising prices.
How much have airfares increased in Cambodia?
Domestic airlines have raised their airfares by about $21 on average, while foreign airlines have increased theirs by approximately $28.
Is Cambodia self-sufficient in fuel production?
No, Cambodia relies entirely on imported petroleum and diesel, as its seabed oil reserves have yet to be exploited.
What is the current price of gasoline in Cambodia?
Regular gasoline now costs 5,500 riels ($1.37) per liter, reflecting a significant increase since February.
Nation Press
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