Israel Fuel Prices Set to Rise by 40 Agorot Next Week
Translated & summarized from Ice by baba
Fuel prices in Israel are slated to increase by about 40 agorot per liter starting next week due to rising global oil prices and tensions with Iran. This follows recent fluctuations, including a significant drop and an earlier increase.
The story in 5 lines · by baba
- Fuel prices to rise by 40 agorot per liter next week.
- Increased tensions with Iran cited as a cause.
- Global oil price increases also contribute to the rise.
- Recent price history shows significant volatility.
- Current self-service price is 7.75 shekels per liter.
Fuel prices in Israel are expected to increase by approximately 40 agorot per liter starting next week, according to a report by N12. This anticipated surge is attributed to rising tensions with Iran and the subsequent increase in global oil prices. The final price will be determined towards the end of the current month.
This follows a period of significant volatility in Israeli fuel costs over the past year, marked by both sharp increases and surprising drops. Just recently, prices had fallen by 50 agorot, setting the maximum price for a liter of 95-octane unleaded gasoline at self-service stations at 7.75 shekels. The surcharge for full service remained unchanged at 26 agorot per liter.
Earlier this month, fuel prices had seen a dramatic jump of 16 agorot, bringing the maximum price for a liter of 95-octane unleaded gasoline at self-service stations to 8.25 shekels. The full-service surcharge had also increased slightly by 1 agorot to 26 agorot per liter.
