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The average global price per liter of 95-octane gasoline reached approximately $1.54 until the end of August 2026, with significant variations between countries. Hong Kong is the most expensive globally, at $4.167 per liter, while Jordan leads among Arab countries with a price of $1.80. European countries like Germany and the Netherlands impose high taxes on fuel to reduce consumption and protect the environment. In contrast, Gulf countries rely on government subsidies that keep gasoline prices low despite rising global prices. Oil-producing nations such as Saudi Arabia and Qatar enjoy low prices due to subsidies, whereas non-oil countries face higher costs because of dependence on imports and high taxes.
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