President Claudia Sheinbaum announced on March 30 that her government is negotiating a voluntary agreement with gas station owners to further reduce diesel prices, currently averaging 28.23 pesos per liter. Without fiscal stimuli, it could reach 35 pesos due to rising oil prices from the war in Iran.
Claudia Sheinbaum, Mexico's president, disclosed during a press conference at Palacio Nacional on Monday, March 30, that her administration is working on an agreement with the gas station sector to lower diesel prices.
The current diesel price stands at 28.23 pesos per liter, thanks to a reduction in the Special Tax on Production and Services (IEPS), which offsets the international oil price surge due to the war in Iran. "The diesel could be close to 35 pesos, right now it's at 28.23, due to the increase in oil prices," Sheinbaum explained.
The president stated that terminals would be reviewed this week to seek a voluntary pact. "We're working all this week to see if we can still reach a voluntary agreement with the gas station owners to reduce the price even more," she said.
Sheinbaum stressed ongoing monitoring of fuel prices and inflation to safeguard family and productive sector economies. She also dismissed concerns over the dollar's rise, noting historic international reserves and sufficient resources.
