Mongolia Raises AI-92 Gasoline Prices Amid Fuel Shortages
The Mongolian government increased AI-92 gasoline prices to 3,600 tugriks per liter due to rising import costs and global supply disruptions.
The average retail price of AI-92 gasoline in Mongolia rose by approximately 550 Mongolian tugriks, or about 0.15 U.S. dollars, per liter on October 12, 2026. This increase brought the cost of the country's most widely used fuel grade to 3,600 tugriks per liter.
The Ministry of Industry and Mineral Resources attributed the price hike to rising import costs occurring during an ongoing fuel shortage. Government authorities linked these supply disruptions to instability in global energy markets, specifically citing the Russia-Ukraine conflict and tensions in the Middle East as the primary drivers of the volatility.
