Senegal has raised fuel prices as of August 15, 2026, with super gasoline reaching 990 CFA francs per liter and diesel at 755 CFA francs. This decision aims to manage the financial burden of subsidies amid geopolitical tensions in the Middle East affecting global oil markets. This increase follows a price reduction in December 2025. Forecasters are monitoring developments in the Middle East, as any escalation could push crude oil to record levels by year-end.
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