Will petrol prices in the UAE rise to Dh4 per litre in May?

While global oil trends suggest an upward adjustment is likely, experts say a sharp jump to Dh4 is not certain—despite crude prices hovering around $100 due to supply disruptions and tensions linked to the Strait of Hormuz, current UAE fuel rates remain below peak 2022 levels; residents, meanwhile, have mixed expectations, with some anticipating gradual increases due to global pressures, while others believe prices may stabilise if geopolitical tensions ease, reflecting cautious optimism alongside concern over rising living costs.

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