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Petro Warns End of Gasoline Subsidies Against Escalation of Prices Due to Conflict in Iran

Summary by www.agenciapi.co
Petro warns end of gasoline subsidies against escalation of prices due to conflict in Iran Agency Period... Sat, 21/03/2026 - 19:22 The president conditioned the internal cost of fuel to the international market and announced that only diesel for cargo will maintain fiscal support Tags Companies
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President Gustavo Petro warned that fuel prices could increase in Colombia as a result of the armed conflict in Iran and the international tension in the Strait of Ormuz, reversing the previous government announcements about reductions in gasoline and diesel. “It will not be possible to generate subsidies for gasoline and if it increases in the international price it will also rise in Colombia,” declared the head of State. The escalation of the …

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Petro warns end of gasoline subsidies against escalation of prices due to conflict in Iran Agency Period... Sat, 21/03/2026 - 19:22 The president conditioned the internal cost of fuel to the international market and announced that only diesel for cargo will maintain fiscal support Tags Companies

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www.agenciapi.co broke the news in on Sunday, March 22, 2026.
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