The UAE fuel price committee has officially announced the petrol and diesel rates for the month of August 2026. After a brief drop in July, fuel prices in the country have gone up again due to global oil market conditions. Global oil prices have seen changes recently due to ongoing tensions in the region. Since the start of the conflict in the Middle East on February 28, retail fuel prices in the UAE have increased by over 60 percent overall, despite a temporary decrease last month. How This Affects Your Monthly BudgetMonthly fuel price changes directly impact everyday household expenses for residents across the UAE.