Overview
- The Secretaría de Hacienda published the June 27–July 3 stimulus schedule that lowers subsidies to fuels: Magna 0.58 pesos per liter, Premium 0.00 pesos, and diésel 1.08 pesos, with Magna down 0.08 and diésel down 0.46 from the prior week.
- Those weekly amounts change how much of the IEPS special fuel tax consumers actually pay, producing effective IEPS quotas of 6.11 pesos for Magna (91% of the full quota), 5.66 pesos for Premium (100%), and 6.29 pesos for diésel (85%).
- Retail data from PETROIntelligence show national averages near 23.69–23.70 pesos per liter for Magna, 28.48 pesos for Premium, and 27.13 pesos for diésel after the stimulus change.
- Global markets have eased following a provisional U.S.–Iran understanding that reopened tanker traffic through the Strait of Hormuz, a move that pushed crude prices down roughly 10% and helped U.S. pump prices fall for a seventh week to about $3.78 per gallon while President Trump urged immediate cuts to roughly $2.50 per gallon.
- Mexico’s consumer agency Profeco will continue verification checks at stations as households face higher per‑liter tax costs and political pressure grows for bigger price relief or state tax cuts that could alter how much drivers pay at the pump.