Business · Energy & Commodities · 2 days ago
Mexico cuts fuel taxes as diesel gets a fifth week of full relief
Mexico’s Finance Ministry has cut the IEPS fuel tax on gasoline for the week of Oct.
10–16.
The IEPS charge on Premium gasoline will be 1.62 pesos per litre, down from 2.08 pesos.
Diesel will have no IEPS charge for a fifth consecutive week, with a 100% tax discount worth 7.36 pesos per litre.
The ministry will also provide diesel support of 1.09 pesos per litre, up from 0.60 pesos this week.
These tax breaks are meant to limit fuel price increases in Mexico as international oil and fuel prices rise.
The government has capped prices at 24 pesos for Magna gasoline and 27 pesos for diesel.
Finance Secretary Édgar Amador Zamora said that without the support, price increases in the country would exceed 4%, rather than the current 3.4% level.
Mexico’s Finance Ministry is lowering the IEPS tax charge on gasoline for the week of October 10 to 16.
Diesel will have a zero IEPS charge for a fifth consecutive week.
The diesel tax discount is 100%, equivalent to 7.36 pesos per litre, and the ministry is also providing a complementary subsidy of 1.09 pesos.
The ministry says the fuel incentives aim to contain prices amid increases in international oil and refined-product prices.
- Who
- Mexico’s Finance Ministry (Hacienda).
- What
- The ministry is lowering the IEPS charge on gasoline while keeping the diesel charge at zero for a fifth consecutive week.
- When
- For the week of October 10 to 16, 2026.
- Where
- Mexico.
- Why
- The incentives aim to contain motor-fuel prices amid increases in international oil and refined-product prices.
This story does not have two clearly opposing sides.
No direct quotes in the coverage so far.
Fuel incentives for gasoline and diesel were activated.
Diesel is set to have a zero IEPS charge for a fifth consecutive week.
- Diesel IEPS discount
- 100%, equivalent to 7.36 pesos per litre
- Diesel complementary subsidy
- 1.09 pesos
- Premium gasoline IEPS charge
- 1.62 pesos per litre
- Premium gasoline tax stimulus
- 71.29%, equivalent to 4.03 pesos
- Fuel incentive period
- October 10–16, 2026











