Fuel Prices

Honduras's energy ministry announced new fuel prices effective July 27, with gasoline, diesel, kerosene, and vehicle gas rising by up to 5.59 lempiras per gallon in San Pedro Sula, while the government maintains temporary subsidies on regular gasoline and diesel.

After seven weeks of fuel price declines totaling 15–20 lempiras per gallon, Honduras's petroleum distributors say food and service prices have not fallen proportionally, while the government's consumer protection office reports that 16 basic-basket items did drop in Tegucigalpa markets.

Economist Ismael Zepeda says the Central Bank will struggle to control inflation through monetary policy given international conflicts raising fuel costs and a planned electricity rate increase in the third quarter, though the bank aims to absorb excess money supply and cut monetary emissions by 11%.

The director of Honduras's petroleum distributors association warns that fuel prices are expected to rise next week and recommends Hondurans reactivate conservation measures, citing volatile international market conditions.

Gasoline, diesel, and kerosene prices increased across Honduras starting July 20, with sector officials attributing the hikes to Middle East instability affecting global oil supplies and urging consumers to adopt fuel-saving measures.

Cohpetrol warns that escalating military tensions between the United States and Iran, combined with threats to close the Red Sea strait and disruptions at the Strait of Hormuz, could sustain upward pressure on international oil prices and keep Honduras's fuel costs elevated.

Juliette Handal, president of the Patriotic and Solidarity Coalition, called on the government to meet with business sectors to prevent them from raising prices in response to fuel-cost pressures.

Diesel and kerosene prices rose 47.8% and 41.5% respectively from January through May 2026 compared to the same period last year, though both fuels declined month-over-month in May.

Honduras's average fuel-import cost reached $133.53 per barrel in May 2026, up 2.9% from April but marking a slowdown from the steep gains in March and April.

The head of Honduras's transit authority said if fuel prices continue declining, the agency will review taxi fares to determine possible rate reductions for passengers.

Honduras's Energy Ministry announced new fuel prices effective July 20, with kerosene and diesel rising by about L1.29–L1.37 per gallon while vehicle LPG falls slightly and domestic LPG and regular gasoline stay frozen under temporary subsidies.

Honduran authorities forecast slight fuel price increases next week, citing the ongoing conflict in the Middle East.

The Honduran fuel distributors' association says price reductions take longer to reach consumers than increases because of volatile global markets, summer demand surges abroad, and geopolitical uncertainty around Middle Eastern shipping routes.

Gasoline and diesel have fallen for seven consecutive weeks in Honduras, but the basic food basket and public transportation costs continue climbing, with analysts noting that oil-price increases pass through quickly while decreases do not.

The Energy Ministry announced fuel price reductions of 5 centavos to 2.25 lempiras (roughly 2 cents to 90 cents USD) starting Monday, citing a recent 5% surge in global oil prices from escalating US-Iran tensions that limited deeper cuts.

Honduras will lower prices for gasoline, diesel, and kerosene on July 13, while maintaining domestic cooking-gas prices under a government subsidy, according to the Energy Ministry.

A petroleum-industry analyst predicts diesel and gasoline prices in Honduras will drop modestly over the next four to six weeks as global crude stabilizes around $67 a barrel, with diesel potentially falling about 2 lempiras per gallon.

Honduras's Energy Ministry announced another price cut for the week of July 6–12, extending six weeks of consecutive fuel reductions that have lowered some petroleum products by more than 15 lempiras total.

The president of Honduras's renewable energy association says the recent electricity rate increase stems from global fuel prices rather than non-renewable generators, and calls for greater investment in clean energy to reduce dependence on imported fuel.

Rafael Medina, former head of Tegucigalpa's Chamber of Commerce, urged oil companies and transporters to pass falling global fuel prices to consumers quickly, noting that inflation jumped nearly 1.5 percentage points above year-ago levels partly because of earlier fuel-cost increases.

Transport operators say urban bus fares will remain at 13 lempiras despite recent fuel-price declines, citing other operating costs and a government subsidy three months in arrears.

Year-over-year inflation in Honduras reached 6.09% in May, up 1.55 percentage points from a year earlier, driven mainly by rising fuel prices that accounted for nearly half the overall price increase.

Twenty-one staple foods including butter, cheese, pasta, and beef ribs have fallen in price following five consecutive weeks of fuel reductions, as the Economy Ministry pushes over 16 industries to pass savings to consumers.

Fuel prices will drop by 2 to 4 lempiras per liter starting Monday, according to the Energy Ministry's new weekly price structure.

An economist at Fosdeh argues that recent declines in diesel prices justify revising public transport fares that were raised months ago as a temporary measure tied to fuel costs.

Transport operators say they will not reduce urban bus fares in the capital until diesel and gasoline fall to L75 (about $3) per gallon, citing insufficient relief from current fuel-price declines.

Honduras's energy ministry announced a significant reduction in petroleum product prices effective Monday, June 29, continuing a downward trend in fuel costs.

A legislative committee is analyzing a fuel-price stabilization fund, to be financed by the government, importers, distributors, and possibly consumers, that would cushion price spikes for Hondurans when global oil costs rise.

Economist Amparo Canales welcomed fuel price reductions as temporary relief but stressed that savings must translate into lower consumer prices broadly, urging authorities to monitor for pricing abuses.

The head of Honduras's land-transport authority said the government may call taxi operators to negotiate a rollback of the L5 provisional fare increase granted during higher fuel prices, if pump prices continue to decline.