Argentina fuel prices up 71% in USD under Milei, highest since 2018

Fuel prices in Argentina have risen 71% in dollar terms since President Javier Milei took office, reaching an average of USD 1.32 per liter, the highest since 2018. The increase is attributed to tax adjustments, oil and biofuel costs, and exchange rate dynamics. This reflects the ongoing impact of Milei's economic reforms, including subsidy cuts and currency devaluation, on domestic energy prices.