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Event Brief

Argentina resumes fuel tax increases after April freeze

Argentina’s government partially resumes fuel tax increases from May 1 under Decree 302/2026 after an April freeze.
WHO: the government of Argentina
WHAT: partial 0.5% fuel tax increase from May 1 while deferring full 2024-2025 backlog to June
WHEN: Apr 30, 2026 at 1:50 PM ET
WHERE: Argentina
WHY: The government froze fuel taxes entirely in April after Brent surged past $120 due to the Hormuz crisis.
Sources (1): Rio Times

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