Petrol prices globally fluctuate due to various factors, including taxation policies, geographical challenges, and economic conditions. While countries like India grapple with soaring fuel costs, there are nations where petrol prices soar even higher. Here’s an overview of the top 10 countries where fuel is exceptionally expensive.
1. Hong Kong
As a special administrative region of China, Hong Kong tops the list with the world’s highest petrol prices, at ₹242.5 per litre—more than double the price in India.
2. Iceland
Iceland, nestled in the North Atlantic and Arctic Oceans, faces logistical hurdles due to its remote location and harsh climate, resulting in petrol prices around ₹186.7 per litre.
3. Central African Republic
Landlocked and surrounded by six neighbouring countries, the Central African Republic contends with instability and conflict, leading to exorbitant petrol prices, reaching ₹185.8 per litre.
4. Norway
Norway’s Arctic terrain poses transportation challenges, contributing to petrol prices soaring to ₹177.6 per litre.
5. Denmark
With a dense population and chilly climate, Denmark experiences relatively high petrol prices, currently at ₹170.8 per litre.
6. Finland
Sharing borders with Nordic neighbours, Finland has a history of elevated petrol prices, now at ₹169.5 per litre.
7. Barbados
In the Caribbean, Barbados stands out for its high petrol prices, currently at ₹169.1 per litre.
8. Netherlands
Despite its extensive road network, the Netherlands maintains relatively high petrol prices, at ₹166.8 per litre.
9. Greece
Recovering from economic challenges, Greece sees petrol prices at ₹166.5 per litre.
10. Sweden
With a high cost of living, Sweden experiences elevated petrol prices, standing at ₹160.9 per litre.