Fuel Prices in Israel Set to Soar Above 8 Shekels Per Liter
Gasoline prices in Israel are expected to rise significantly overnight between Wednesday and Thursday, with an increase of 25 to 40 agorot per liter. This price hike will push the cost of gasoline above the 8 shekel threshold per liter, a level not seen recently. The increase is attributed to a combination of global oil prices and currency fluctuations. This rise is anticipated to add tens of shekels to the cost of each refueling and will have a direct impact on the cost of living for Israeli citizens. The government has not announced any immediate measures to offset the increase, leaving consumers to bear the brunt of the higher prices.
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