Chile Fuel Prices to Jump 54% as Kast Ends Subsidy

2026-03-24 - 19:30

Key Points —Chile will raise fuel prices by up to 54% on Thursday, with gasoline jumping 44% and diesel surging 54%, as the Kast government invokes an emergency clause in the MEPCO stabilization mechanism. —The government has been spending $140 million per week to subsidize fuel prices and says it can no longer afford the