Peruvian President Keiko Fujimori has announced a targeted temporary diesel subsidy of up to 20 percent for transport operators following driver protests across Peru.
The emergency measure offers a subsidy ranging between 15 percent and 20 percent for diesel purchases to reduce the impact of rising international oil prices.
The financial relief program will remain active for an initial duration of three months, with the executive branch open to extending the scheme if market conditions do not improve.
Eligible transport sectors and implementation timeline
The government confirmed that the assistance package will benefit passenger transport operators and heavy cargo hauliers, alongside three-wheeled motorcycle taxi drivers known as mototaxistas.
River transport operators navigating small motorized craft known as peque-peques will also receive fuel assistance for the first time in the country's history.
Economy Minister Elmer Cuba stated that the subsidy for passenger and heavy cargo transport will be officially enacted on August 15, with benefits taking effect in the following days.
Drivers of mototaxis and river craft will face a waiting period of roughly three weeks while officials compile the official beneficiary register.
Impact of global crude oil price increases
Domestic fuel costs surged after crude oil prices rose from 60 dollars to 100 dollars per barrel since March, marking an increase of nearly 60 percent globally.
Minister Cuba attributed the international price surge to ongoing military conflict in the Middle East and severe shipping disruptions across the Strait of Hormuz, a crucial global oil transit corridor.
Addressing the press alongside cabinet members, President Fujimori stated that the government had a duty to intervene when external shocks threatened the national economy and public living standards.
Fujimori added that the administration would execute the intervention with responsibility and order to shield citizens from external energy market volatility.
Electricity sector surcharges and FOSE regulations
In a related regulatory update reported by official state gazette El Peruano, energy supervisory agency Osinergmin approved Resolution 019-2026-OS/GRT.
The resolution establishes the Quarterly External Transfer Program and sets the Social Electricity Compensation Fund surcharging factor at 1.023 for power bills processed between August 4 and October 31, 2026.
The surcharge applies exclusively to consumers connected to interconnected electric grids and free-market electricity users, including wholesale power market withdrawals.
Established under Law 27510, the fund guarantees affordable electricity access for low-income residential households consuming up to 140 kilowatt-hours per month, as well as qualifying collective supplies.
