WILLEMSTAD – Prime Minister Gilmar Pisas says the government is closely monitoring recent developments in the international oil market and their potential implications for Curaçao.
Pisas, who is also responsible for the island’s energy sector, stated on Sunday, March 8, 2026, that the government is following the situation carefully as global oil prices have risen sharply in recent days due to tensions in the Middle East.
The prime minister said he remains in close contact with the Regulatory Authority of Curaçao (RAC) to evaluate whether the situation could affect local fuel prices in the coming months.
According to Pisas, it is important for the public to understand that fuel prices in Curaçao do not change immediately in response to fluctuations in the global market. Local gasoline and diesel tariffs are adjusted monthly and are based, among other factors, on the average purchase prices during the preceding period.
At this time, there are no clear indications that local fuel prices will change immediately.
Nevertheless, the prime minister said the government will continue to monitor developments in the energy market and will inform the public if there are any implications for local energy costs, including electricity and water tariffs.