Mexico’s President Claudia Sheinbaum Dismisses Fuel Price Hike Concerns Amid Middle East Conflict

Web Editor

June 23, 2025

a woman giving a speech at a podium with flags behind her and a mexican flag behind her, with a mexi

Background on Claudia Sheinbaum

Claudia Sheinbaum is the current President of Mexico City, a role she has held since 2018. Previously, she served as the Secretary of Environmental Affairs and Sustainable Development for Mexico City from 2012 to 2018. As a prominent figure in Mexican politics, her statements carry significant weight and influence.

Sheinbaum Addresses Fuel Price Concerns

In response to concerns about potential fuel price increases due to the Middle East conflict, particularly the closure of the Strait of Hormuz, President Claudia Sheinbaum reassured Mexicans that there is no immediate significant risk to fuel supply or pricing.

Mexico’s Energy Autosufficiency

Sheinbaum highlighted Mexico’s progress in energy self-sufficiency, which has helped mitigate the impact of international events on domestic fuel prices. She noted that any potential price hikes have been “very little” recently.

Fiscal Mechanism for Price Stability

To further address concerns, Sheinbaum mentioned the existence of a fiscal mechanism—the IEPS (Impuesto Especial sobre Producción y Servicios)—that allows for subsidies to maintain stable prices for consumers in case of substantial international gasoline price increases.

Mexico’s Stance on Middle East Conflict

Regarding the ongoing conflict in the Middle East and tensions between Iran and Western powers, Sheinbaum emphasized that Mexico’s position is guided by its constitutional foreign policy principles.

Respect for Sovereignty

Sheinbaum stressed that Mexico supports the sovereignty of all nations, allowing them to choose their preferred form of governance. This stance is in line with Article 89, Decimo of the Mexican Constitution, which promotes non-intervention, peaceful conflict resolution, and self-determination.

Avoiding Explicit Statements on Palestine

When asked about whether events in Palestine constitute genocide, Sheinbaum refrained from making explicit judgments. Instead, she emphasized her commitment to adhering to the constitutional framework and avoiding personal opinions that could contradict Mexico’s official foreign policy.

Mexico’s Consistent Foreign Policy

Sheinbaum reiterated that Mexico’s foreign policy has historically maintained a neutral yet active stance, advocating for human rights and peaceful conflict resolution. This approach has been consistent across various administrations.

Key Questions and Answers

  • Question: Is there a risk of fuel price increases in Mexico due to the Middle East conflict?
  • Answer: President Claudia Sheinbaum stated that there is no immediate significant risk to fuel supply or pricing in Mexico, thanks to the country’s progress in energy self-sufficiency.

  • Question: What fiscal mechanism does Mexico have to address potential fuel price increases?
  • Answer: Mexico has the IEPS (Impuesto Especial sobre Producción y Servicios) mechanism, which allows for subsidies to maintain stable prices for consumers in case of substantial international gasoline price increases.

  • Question: How does Mexico position itself regarding the Middle East conflict?
  • Answer: Mexico’s foreign policy is guided by constitutional principles, emphasizing respect for sovereignty and non-intervention in other nations’ affairs.

  • Question: Did President Sheinbaum comment on whether events in Palestine constitute genocide?
  • Answer: President Sheinbaum avoided making explicit judgments on the matter, focusing instead on adhering to Mexico’s constitutional framework and official foreign policy.