Ivory Coast: Why Fuel Prices Have Increased

After two months of resistance, the Ivorian government decided to raise fuel prices at the pump in May 2025 due to the surge in global oil prices caused by geopolitical tensions in the Middle East. The price of crude oil exceeded 120 dollars, leading to increased import costs for refined petroleum products. Despite a price stabilization policy during March and April 2025, the gap between international prices and administered rates became unsustainable for public finances.