Sri Lanka raised fuel prices by 25% on Sunday (March 22, 2026), the second increase in two weeks, as the country prepared for more impact from the war in West Asia.

Regular petrol was increased to 398 rupees ($1.30) per litre, up from 317 rupees, while diesel, the fuel commonly used for public transport, rose by 79 rupees to 382.

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Last week, the government ordered an 8% increase in retail fuel prices and introduced rationing to limit consumption.

"We hope to achieve a 15% to 20% reduction in fuel consumption with the latest increase," an official at the Ceylon Petroleum Corporation said.