The United Arab Emirates has announced new fuel prices effective June 1, 2026, marking its first adjustment since exiting OPEC and OPEC+ in May. The price for Super 98 petrol will rise to Dh3.95 per litre, up from Dh3.66 in May. Special 95 petrol will be priced at Dh3.83, an increase from Dh3.55, while E-Plus 91 petrol will cost Dh3.76, up from Dh3.48. Diesel prices will see a decrease, dropping to Dh4.33 from Dh4.69. This upward trend in petrol prices over the past three months reflects broader global oil market movements. Fuel costs are a significant part of household expenses, and even minor increases can strain budgets. The UAE's departure from OPEC could enable a production increase of up to 30% above previous quotas, which may influence future market dynamics. Historically, fuel prices in the UAE peaked in 2022 due to geopolitical tensions, and the current adjustments are seen as part of ongoing fluctuations in the oil market.