No, it can’t. There isn’t enough oxygen.
Oh, and yes gasoline will extinguish a match. I have found multiple sources that say this.
Source 3 (It does eventually ignite, but the point still stands, it extinguished multiple matches.)
I don’t know where you get your information from, but I don’t make up everything I say. You say the fire triangle is no big wisdom yet you fail to apply it. Fuel isn’t ready to combust, fuel-air mixtures are. That’s what carburetors are for in cars, they make the fuel air ratio so the injected fuel in the cylinders can actually completely burn.
And to continue in the topic of if it should be ingame, I don’t think it should. Survival games should be balanced, and this isn’t balanced. For games like Far Cry 5, sure, it would be fun. For a survival game, it would turn vehicle combat into pixel hunting, and then fresh spawns with a pistol and a few rounds will be able to completely destroy a vehicle with ease, or just random chance. With how vehicles in UII will probably be, being able to destroy so much hard work and effort in just one swipe is just bad dynamics.
This is the pitfall of bottom-up game design. People make mechanics that are fun to make/think about, but actually make really bad gameplay. I guarantee you that was how malaria made it into Far Cry 2, it was brought in because it was a cool mechanic, not that it actually added anything to the game. Hell, it made the game a lot worse.