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Published on Monday, May 4, 2026
By the A.M. Costa Rica staff
Fuel prices in
Costa Rica are rising sharply following
the escalation of conflict in the Middle
East, according to the Public Services
Regulatory Authority (Aresep).
The increase comes
after a request from the state-owned
Costa Rica Oil Refinery (Recope) to
adjust domestic fuel prices in line with
recent movements in international
markets.
Aresep said the updated rates reflect higher costs in several pricing components calculated during fuel import negotiations conducted between March 15 and April 9. As a result, prices for the country’s most widely used fuels have increased.
Costa
Rica imports 100% of its finished fuels
because Recope does not have the
technology to refine crude oil into usable
products, authorities said.
The
new retail prices are as follows: Aresep
is the government agency responsible
for setting public service rates in
Costa Rica.
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