Overview
- Late July data from Spain's MITECO show retail fuel prices over 20% higher year‑on‑year, and Real Decreto‑ley 18/2026 lowers the temporary hydrocarbon tax relief from 15 céntimos in July to 10 céntimos on August 1.
- Major Spanish fuel firms have rolled out stepped-up summer loyalty and weekend discounts, with offers from Repsol, Moeve and BP intended to blunt the impact of rising wholesale costs on drivers.
- Mexico's consumer agency PROFECO published an interactive map showing about 84% of stations meet the voluntary diesel cap of 27 pesos, while its weekly monitoring put the national diesel average at roughly 27.05 pesos and identified 1,538 non‑compliant outlets.
- Mexico's Treasury increased its IEPS fiscal contribution after a recent weekly rise in international oil prices, and both countries are using official price portals and consumer guides to boost transparency for motorists.
- Large regional gaps in basic‑food and fuel prices — including a 176‑peso spread in one basic basket sample — mean lower‑income households face unequal pain, and the coming fiscal rollback in Spain could sharpen price pressure unless discounts or enforcement expand.