10 Countries with the Worst Fuel Price Increases, Is Indonesia Included?

Jakarta, CNBC Indonesia - Petrol prices are rising in most countries, and in some, the increases are extremely severe. In the most affected countries, fuel costs have more than doubled in just a few weeks. Citing data from Visual Capitalist mapping changes in petrol costs across 128 countries between 23 February and 13 April 2026, following the outbreak of the Iran conflict that triggered a global crude oil price surge to over US$100 per barrel. The sharpest increases are concentrated in certain regions, particularly Southeast Asia, where dependence on imported fuel has amplified the impact. If disruptions continue, this price pressure could keep rising, especially in areas most reliant on imported fuel. The countries below have experienced the sharpest petrol price increases since late February, with some seeing rapid double- and even triple-digit growth. Southeast Asia contributes half of the 10 largest petrol price increases. Myanmar leads globally with a stunning 101% surge, followed by the Philippines and Malaysia. Several Southeast Asian countries have recorded increases above 40%, placing the region at the centre of the global price spike. This region’s vulnerability is closely tied to its dependence on oil imports flowing through the Strait of Hormuz—one of the world’s most critical chokepoints. Disruptions here can quickly ripple across Asian markets. Compounding the issue is that many Southeast Asian countries lack domestic energy reserves, making them highly susceptible to price volatility and supply risks.