N2,383 per litre: 10 Countries with highest fuel prices in the world

Hong Kong: Hong Kong is known for having some of the highest fuel prices due to its limited land area and high population density, resulting in higher transportation costs.

Norway: Norway’s fuel prices are among the highest due to heavy taxation, and the country is known for its efforts to promote electric vehicles.

Iceland: The remote location and reliance on imported fuel contribute to Iceland’s high fuel prices.

Netherlands: The Netherlands imposes significant taxes on fuel, contributing to its high fuel costs.

Denmark: Denmark’s fuel prices are also impacted by high taxes and efforts to promote sustainable transportation.

Sweden: Sweden has some of the highest fuel prices in Europe due to high taxes and environmental policies.

Greece: Greece is another European country with relatively high fuel prices, mainly due to taxation.

Italy: Italy’s fuel prices are influenced by both taxes and higher oil prices.

Finland: Like other Nordic countries, Finland imposes heavy taxes on fuel, leading to higher prices.

Belgium: Belgium is known for its high fuel prices, primarily due to taxation.