Paraguay fuel prices to rise Monday amid global tensions, private stations announce increases

Fuel prices at private stations in Paraguay are set to rise starting Monday, August 3, 2026. This increase follows a surge in global crude oil prices, directly influenced by escalating tensions in the Strait of Hormuz due to the ongoing war between the United States and Israel against Iran.

Despite discounts offered over the weekend, several private fuel emblems have announced new pricing structures. For instance, Shell will see a G. 500 increase across its three gasoline types and diesel fuels. Tega Oil, a smaller operator, will implement hikes ranging from G. 580 to G. 940 per liter for its diesel and gasoline products. Petromax adjusted its prices earlier, starting July 30.

These adjustments come as private sector representatives argue that persistent international price increases have left them with little room to absorb higher import costs. While state-owned Petropar has maintained its current prices for now, its president, William Wilka, noted that international quotations remain at historically high and volatile levels.

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The international quotation remains at historically high levels and marked by strong volatility.