GEORGE TOWN, Cayman Islands – The government’s temporary fuel duty waiver takes effect Monday, June 1, 2026 and runs through September 30, 2026.Announced May 13, the move removes import duty on all gasoline and diesel to ease cost-of-living pressure as global fuel prices rise due to Middle East tensions.
What’s waived:
- Gasoline: 75¢ per imperial gallon duty removed
- Diesel at pumps: 85¢ per imperial gallon duty removed
- Diesel for power generation: 25¢ per imperial gallon duty removed
How it works:
Wholesalers get duty credits for fuel in storage as of May 31, so duty-free prices should reach pumps quickly. Retailers were asked to run down duty-paid stock before June 1 to speed up savings.
What drivers will see:
Prices may not drop instantly on June 1. Stations must sell through existing duty-paid inventory first. High-volume stations should reflect lower prices within the first week of June; smaller stations by the second week.Finance Minister Rolston Anglin said the waiver is part of government’s wider Energy Relief Plan and will help cushion Caymanian families and businesses from international price shocks. URCO and Customs will monitor pricing to ensure savings reach consumers.
