Israel Fuel Prices to Drop to NIS 7.75 Per Liter
The cost of gasoline in Israel is set to decrease by half a shekel per liter starting Sunday night into Monday. The Ministry of Finance announced that the maximum price for a liter of 95-octane gasoline will be 7.75 shekels, effective at midnight. This reduction marks another adjustment in fuel prices for Israeli drivers, with the final cost determined by oil prices and taxes, leading to regular state reviews.
The Ministry of Finance provided advance notice of the price change to allow motorists to factor the new rates into their fuel budgets. Once implemented, refueling with 95-octane gasoline will be 0.5 shekels cheaper per liter.
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