Panama imports 100% of the fuel it consumes, so these changes are in response to international references over which it has no control. The Ministry of Energy stated that it maintains permanent monitoring of the market and ensures continuous supply nationwide, with the aim of avoiding shortages. In the international environment, oil prices have shown upward pressures. Crude surpassed $110 per barrel following Iranian attacks that caused damage to a major fuel center in Qatar, amidst escalating tensions in the region. This scenario reinforces uncertainty about the evolution of prices in the short term, without clear signs of a decrease in the international market. Gasoline with 95 octanes will rise by $0.196 per liter, 91 octane will increase by $0.180, and ultra-low sulfur diesel will record the highest increase, at $0.307 per liter, according to the update published by the Ministry of Energy. The entity reported that the new prices for liquid fuels will be effective from March 20 to April 3, 2026, as a result of the behavior of the international hydrocarbons market and recent geopolitical tensions. The adjustment directly impacts families, transportation, and the country's economic dynamics.
