Andorra Fuel Prices Rise Modestly Amid Iran Conflict Oil Surge

Fuel prices in Andorra have risen modestly this week due to surging international oil costs triggered by the conflict in Iran, with petrol and diesel stations passing on increases of two to three cents per litre—far less sharply than in neighbouring Spain.

The hikes stem from a joint US and Israeli attack on Iran that has inflamed tensions across the Middle East, a key oil-producing region. Brent crude prices jumped sharply from Monday, directly raising procurement costs for Andorran distributors who buy at global rates. Asidca, the Association of Fuel Importers, confirmed the impact hit immediately, with stations beginning to adjust pumps between Wednesday and Thursday.

Government price data showed Thursday's range for 95-octane petrol at €1.292 to €1.318 per litre, while diesel stood between €1.249 and €1.280. These mark increments of two to three cents from last week. Asidca president David Porqueres described the rises as "moderate" and gradual, noting the sector's caution compared to Spain, where even low-cost outlets like Bon Àrea have added over ten cents at once, pushing prices to €1.429 per litre for both fuels.

The restrained approach has widened Andorra's price advantage. Savings now reach 10 to 15 cents per litre against Bon Àrea, and more against stations like Esclat in La Seu d'Urgell (€1.569 petrol, €1.549 diesel). The gap with Spain's national average—€1.581 for petrol and €1.585 for diesel—is even larger.

Porqueres highlighted the sector's familiarity with such volatility, from the Ukraine war to the pandemic, but stressed ongoing uncertainty. "We go day by day," he said, adopting a "wait and see" stance as oil prices ticked up again Thursday after a brief Wednesday dip. Further adjustments remain possible depending on global market trends.