Ecuador's fuel prices for Extra, Ecopaís, and diesel will change on September 12, 2026, and remain in effect until October 11, 2026. ^[1] WTI crude oil prices rose 5.2% to $90.22 per barrel following new US military attacks on Iran. ^[2] Rising international oil prices and concerns over prolonged inflation have triggered a simultaneous surge in government bond yields across major global economies. ^[3] Peru accused Iran of inciting the escalation of conflicts in the Middle East and imposing severe restrictions that hinder maritime transit in the Strait of Hormuz. ^[4] The Peruvian Foreign Ministry announced on Tuesday that Peru has severed diplomatic relations with the Islamic Republic of Iran. ^[5] Texas intermediate crude oil (WTI) closed at 91.01 dollars per barrel on Wednesday, a 0.88% increase from the previous session. ^[6] Chris Wright, US Energy Secretary, stated on Wednesday that more than 17 million barrels of oil crossed the Strait of Hormuz on Monday. ^[7] Brent crude oil prices stood at $95.33 per barrel, down 0.31%, while WTI traded at $90.88 per barrel, down 0.14%, around 7:30 am IST on Thursday. ^[8] Extra and Ecopaís gasoline prices, both 85 octane, will drop from USD 3.26 to USD 3.24 per gallon. ^[9] International oil prices surged since March 2026 due to the war between Iran, the United States, and Israel. ^[10] The government anticipates a new price reduction for September similar to the one in August, where prices dropped by USD 0.02 per gallon. ^[11] Incidents in the Strait of Hormuz generated a rebound in international crude oil prices starting July 7, with an average price of $78.8 per barrel. ^[12]