London Daily

Focus on the big picture.
Friday, Oct 23, 2026

Higher fuel prices spark social unrest in South America

Higher fuel prices spark social unrest in South America

Police in Argentina blocked a major entry point to the capital’s center on Tuesday to keep a group of truckers from joining a downtown protest, adding traffic snarls in Buenos Aires to a series of disruptions caused by anger over rising prices and shortages of fuel across South America, largely as a result of Russia’s war in Ukraine.
Cars were backed up for several kilometers (miles) until truckers agreed to open up a lane to regular traffic as they moved to take a protest over diesel shortages and prices that has been going on for weeks to Argentina’s capital.

Argentina is only one of several countries in South America to see reverberations from increasing fuel prices, largely as a result of Russia’s war in Ukraine.

In Peru, truckers launched an indefinite strike on Monday to protest higher fuel prices while in Ecuador, at least five people have been killed during more than two weeks of a protest led by Indigenous people that has as its main rallying cry a demand for lower gasoline prices.

The reverberations of higher prices are also hitting executive offices. In Brazil, the chief executive of state-run oil giant Petrobras resigned last week amid political pressure due to curb prices.

Drivers around the world are feeling the pain at the pump as gasoline and diesel prices are soaring in large part due to Russia’s invasion of Ukraine as well as the global economic rebound from the COVID-19 pandemic.

That pain is turning into social unrest in several countries in Latin America where quickening inflation, itself fueled by higher energy prices, is making it difficult for many in one of the world’s most unequal regions to make ends meet.

The truckers protesting in Argentina are also demanding higher fees to transport grains.

Truckers have been protesting for weeks due to a shortage of diesel in gas stations around the country and their failed attempt to enter the capital was part of an effort to get the attention of the government of President Alberto Fernandez.

“They’re giving us 60 liters per day to work,” Rubén Darío Fernández, a 61-year-old trucker who was among those trying to enter the capital Tuesday, said. “The problem is you can’t do long trips nor work all week with that.”

In Ecuador, President Guillermo Lasso abruptly cut dialogue Tuesday with the largest Indigenous group leading the protest following an attack by demonstrators that killed one military officer and wounded 12 others who were escorting a fuel convoy in the Amazon.

The Confederation of Indigenous Nationalities has been leading a strike for more than two weeks to call for a decrease in the price of fuel along with other demands, including a bigger health and education budget.

Negotiations were called off a day after the protesters and government officials sat down to talk for the first time since the strike started.

The Argentina protest stands apart from other similar demonstrations in the region because it has more to do with shortages rather than high prices as there are problems obtaining diesel in 23 of Argentina’s 24 provinces, according to the federation of truckers.

But truckers also contend the shortage is leading to price hikes.

“They charge whatever they want for the little diesel there is,” Roberto Arce, a 49-year-old truck driver who was at the protest Tuesday, said.

Argentina’s government has vowed that the supply problems will end soon. Transportation Minister Alexis Guerrera said in a local radio interview Saturday that things should be back to normal “within the next 15 or 20 days.”

Argentina tightly controls prices at the pump and relies on imports for around one-quarter of its diesel consumption.

State-controlled oil company YPF, which is Argentina’s largest producer and refiner, said Monday it would import 10 cargoes of diesel within the next 45 days to help ameliorate the shortage.

Argentina’s fuel production has failed to keep up with demand, creating a bottleneck at a key time for the country’s crop harvest as the agricultural sector and truckers used to transport production to port mostly rely on diesel for fuel.

Argentina’s diesel sales increased 16% in the 12 months ending in April, while production increased less than half that amount at 7%, according to a recent report by the Argentine Energy Institute.

In Peru, truckers continued with their protests for a second day on Tuesday, saying that current fuel prices, tied with general inflation, are making it difficult for them to make ends meet.

“The substance of our demands lies in the impossibility of transferring the frequent diesel increases to our clients,” Luis Marcos, a leader of the truckers, told a local radio station.
Newsletter

Related Articles

0:00
0:00
Close
Piper Tomahawk Aircraft Crash Near Drymen in Stirling Claims Two Lives as Investigators Deploy
North Sea Transition Authority Approves Jackdaw Gas Field Production After Ministerial Authorization
Government Injects One Hundred and Forty Million Pounds to Expand Urgent Care Ahead of Winter Crisis
Department of Health Warns Further Pay Rises Will Derail National Health Service Waiting List Targets
Major Environmental Emergency Declared in South Wales Following Aerospace Kerosene Spill
Tank Barrel Production Returns to Britain as Defence Contractors Accelerate Domestic Rearmament
Government Approves Controversial Jackdaw Gasfield Development in the North Sea
National Health Service Maternity Safety Review Condemned Over Flawed Artificial Intelligence Integration
Dozens of United Kingdom Government Services Taken Offline Amid Critical Software Vulnerability
Barclays Announces Five Thousand Job Cuts Citing Artificial Intelligence Productivity Gains
Treasury Relaxes Post-Financial Crisis Accountability Rules for City of London Executives
United Kingdom Government Issues Unprecedented Guidance Urging Citizens to Stockpile Essential Supplies
United Kingdom Consumer Inflation Accelerates to Eleven-Month High Driven by Transport Costs
United Kingdom Public Sector Net Debt Breaches Three Trillion Pounds Ahead of Autumn Budget
Department for Science, Innovation and Technology Commits Fifty Million Pounds to Establish Regional Artificial Intelligence Innovation Clusters
Ofgem Directs Major Energy Suppliers to Expand Vulnerable Household Support Funds Ahead of Winter Heating Season
Home Office and National Police Chiefs Council Unveil New Intelligence-Led Strategy to Tackle Organised Immigration Crime Networks
First Minister John Swinney Secures Scottish Parliament Approval for Comprehensive Climate and Green Energy Infrastructure Strategy
National Health Service England and Trades Union Congress Finalize Agreement on Emergency Winter Staffing and Pay Frameworks
HM Treasury and Department for Business and Trade Announce Multi-Billion-Pound Sovereign Investment Pact to Spur Regional Advanced Manufacturing
Bank of England Governor Andrew Bailey Signals Potential for Faster Interest Rate Cuts as Domestic Inflation Pressures Ease Below Forecasts
Parliamentary Inquiry Highlights Urgent Need to Address Housing Shortage as Scottish Completions Hit Eleven-Year Low
United Kingdom and Singapore Sign Comprehensive Financial Agreement to Deepen Digital and Sustainable Market Ties
Greggs Announces Plan to Close Four Manufacturing Facilities and Cut Seven Hundred and Forty Jobs
International Monetary Fund Raises United Kingdom Economic Growth Forecast While Warning of Inflationary Pressures
Energy Security and Net Zero Committee Urges Government to Shift Policy Costs Onto Gas to Lower Household Bills
Housebuilding Across Scotland Plummets to Eleven-Year Low Despite Government Pledges to Tackle National Housing Emergency
Greggs Announces Factory Closures Across Northern England and Scotland Affecting Seven Hundred Forty Jobs
United Kingdom and Singapore Conclude Eleventh Financial Dialogue in Singapore to Deepen Cooperation on Digital Finance and Capital Markets
Energy Security and Net Zero Committee Urges Government to Shift Policy Costs to Gas Bills and Tap Windfall Profits to Lower Consumer Prices
British Broadcasting Corporation Announces Major Cost-Cutting Overhaul to Close Linear Broadcast Services for Television Channels BBC Three and BBC Scotland Alongside Digital Radio Station BBC Radio Four Extra
London Capital Markets Face Renewed Scrutiny After High-Profile Offerings Underperform Post-Listing
Green Party Wins Historic First Westminster Parliamentary By-Election in Gorton and Denton
Environment Secretary Emma Reynolds Unveils Sweeping Regulatory Overhaul for English Water Industry
United Kingdom Health Security Agency Confirms Thirty-Four Cases in Kent Meningitis Outbreak
Ministry of Defence Prepares Heat Pump Subsidy Cuts to Fund Urgent Military Modernization
British and European Union Officials Schedule Long-Awaited Bilateral Leaders Summit for November Twentieth
Bank of England Governor Andrew Bailey Urges Strict Fiscal Credibility to Protect British Bond Markets
United Kingdom Inflation Rises to Three Point One Percent Driven by Escalating Fuel Costs
Profit Warnings Among London-Listed Companies Reach Two-Year High Amid Global Energy Shocks
Chancellor John Healey Signals Targeted Tax Changes on Banks and London Corporate Offices Ahead of Budget
British Government Reallocates Twenty-Five Per Cent of International Climate Finance to Global Biodiversity Projects
Initial British Carbon Border Taxes Set to Undercut Parallel European Union Tariffs on Industrial Imports
Whitehall Prepares National Zero-Interest Loan Initiative to Accelerate Domestic Heat Pump and Solar Adoption
European Union Offers British Automakers Access to Hybrid Vehicle Trade Protections Subject to Strict Regulatory Alignment
British Probation Officers Threaten Widespread Industrial Action After Rejecting Five Per Cent Government Pay Offer
Microsoft Abandons Major British Artificial Intelligence Data Centre Citing Severe National Grid Power Constraints
United Kingdom Inflation Accelerates to Three Point Four Per Cent Ahead of Chancellor John Healey's Inaugural Autumn Budget
Surging Cloned Number Plates Severely Complicate Traffic Enforcement and Police Investigations
Mounting Opposition Challenges Planned Rollout of Autonomous Taxis Across London
×