Fuel prices across Georgia have climbed again this week, causing concern for drivers, businesses, and consumers already feeling the pinch from rising costs elsewhere. The latest increases come as global energy markets remain volatile amid ongoing conflicts in the Middle East and disruptions to supply routes.
Gasoline in Georgia has gone up by about 2 to 10 tetri per liter, while diesel has seen sharper rises of 7 to 20 tetri per liter, depending on the brand and station. At Gulf stations, a uniform increase of 10 tetri was implemented on March 24, bringing premium gasoline (G Force Super) to GEL 3.83 per liter and Euro Regular to GEL 3.27. Diesel products such as G Force Euro Diesel now cost about GEL 3.67 per liter.
Wissol reported similar trends, with diesel prices rising to around GEL 3.68, while gasoline grades increased more modestly. Socar adjusted prices by between 3 and 15 tetri, with Nano Euro 5 Diesel reaching GEL 3.50 and Nano Super gasoline at GEL 3.67. Other chains such as Lukoil and Rompetrol also raised prices, although real time figures from their websites remain limited.
Georgia is one of the developing member countries of the Asian Development Bank (ADB), which has warned that global supply chain disruptions and higher energy costs are likely to add inflationary pressure for many economies. The bank has pledged financial support to help countries manage volatility and secure essential imports, including oil.
Rising fuel prices do not just affect motorists. Transportation costs feed into the price of many goods and services. In Georgia, recent official figures show that transport prices rose by 1.5 percent in February, contributing to wider inflation trends in the economy, even as some food prices moved in mixed directions.
Domestic inflation has been running above 4 percent this year, with food and non alcoholic beverage prices up sharply in earlier months. Higher fuel costs can add to these pressures because goods cost more to move from producers to shops, meaning that families may soon feel the impact not just at the pump but also at the grocery store.
Fuel retailers and transport companies also warn that if diesel remains high, operating costs will continue to rise. That could eventually lead to higher prices for consumer goods that rely on road transport, since almost every product depends on fuel at some point in its journey from factory to shop.
For many Georgians, the continuing price rises are more than a statistic. Drivers are cutting back on non essential trips, and small businesses are carefully watching expenses. With global energy markets still unsettled, there is no immediate sign that fuel prices will fall, leaving many households bracing for more adjustments to their budgets.
By Team GT
