Petrol prices vary globally due to different tax structures, with some countries experiencing higher costs per litre than others. While India has seen prices surpassing Rs 100 per litre, there are several nations where petrol prices are even higher. Here’s a list of the top 10 countries with the highest fuel prices.
1. Hong Kong
Hong Kong, a special administrative region of China, holds the distinction of having the world’s highest petrol price, at Rs 242.5 per litre—more than double what is paid in India for the same quantity.
2. Iceland
Iceland, a Nordic island country in the North Atlantic and Arctic Oceans, faces logistical challenges due to its remote location and extreme cold. Consequently, petrol prices in Iceland are currently around Rs 186.7 per litre.
3. Central African Republic
Due to its landlocked location surrounded by six neighbouring countries, including Chad, Sudan, South Sudan, Democratic Republic of the Congo, Republic of the Congo and Cameroon, the Central African Republic grapples with instability and a history of civil wars. Consequently, petrol prices in the country are exorbitantly high, reaching Rs 185.8 per litre.
4. Norway
Norway, a northern European nation located near the Arctic region, faces similar challenges with transportation due to its cold climate, akin to Denmark. These factors contribute to elevated petrol prices, currently standing at Rs 177.6 per litre.
5. Denmark
Denmark, the southernmost of the Scandinavian countries, features a cold climate and dense population. Due to these factors, petrol prices in Denmark are relatively high, currently at Rs 170.8 per litre.
6. Finland
Finland, a Nordic nation sharing borders with Sweden, Norway and Russia, has a history of relatively high petrol prices. Presently, prices in Finland are recorded at Rs 169.5 per litre.
7. Barbados
Barbados, located in the Lesser Antilles of the West Indies, stands out in the Caribbean region for having the highest petrol prices, currently reaching Rs 169.1 per litre.
8. Netherlands
The Netherlands, known as the home of two-time Formula 1 world champion Max Verstappen, boasts one of the densest road networks globally. However, petrol prices in the Netherlands have consistently remained on the higher side, currently reaching Rs 166.8 per litre.
9. Greece
Greece, a Southeastern European nation celebrated for its rich cultural heritage and often regarded as the cradle of Western civilization, has been gradually recovering from an economic downturn. Reflecting this, petrol prices in Greece are noted at Rs 166.5 per litre.
10. Sweden
Sweden, a Nordic country situated in Scandinavia, shares similarities with its counterparts in terms of high living costs compared to other European nations. Consequently, petrol prices in Sweden are also elevated, currently standing at Rs 160.9 per litre.
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