A Decade Since Deregulation: How UAE’s 2015 Fuel Price Reform Sparked a 24% Hike and Reshaped Driving Culture

Dubai, UAE – August 1, 2025:Ten years ago today, UAE motorists experienced a seismic shift in their daily commute when the government officially ended fuel subsidies. On August 1, 2015, petrol prices spiked by 24%, aligning with international rates for the first time—a bold step that marked the beginning of a free-market approach to fuel pricing in the Emira The Ministry of Energy had made the announcement three days earlier, on July 28. Special 95 petrol, the most commonly used grade, jumped from Dh1.72 to Dh2.14 per litre—an increase of 42 fils. The reaction was swift and emotional. Long queues … Continue reading A Decade Since Deregulation: How UAE’s 2015 Fuel Price Reform Sparked a 24% Hike and Reshaped Driving Culture