Kazakhstan Among World’s Top-10 Countries with Lowest Gasoline Prices

Kazakhstan Among World’s Top-10 Countries with Lowest Gasoline Prices

Astana, The Gulf Observer: Kazakhstan has been ranked as one of the world’s top ten countries with the lowest gasoline prices, according to recent data published by Global Petrol Prices. This distinction places Kazakhstan alongside countries like Iran, Libya, Venezuela, Angola, Egypt, Kuwait, and Malaysia, where gasoline is more affordable compared to most other nations. Kazakhstan currently holds the 10th position on the list.

Within the Commonwealth of Independent States (CIS), Turkmenistan also ranks among the top ten globally, coming in sixth, while Russia is ranked 14th. The affordability of gasoline in these nations highlights a trend of relatively lower fuel costs across several energy-producing economies.

Conversely, the highest gasoline prices have been reported in Hong Kong, Monaco, and Iceland, showcasing a stark contrast between global regions in fuel pricing. This ranking underscores Kazakhstan’s competitive position in terms of fuel affordability, benefiting consumers and supporting economic stability amid fluctuating global energy markets.