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YnetEconomy

Fuel Prices in Israel Hit Record High Amidst Global Market Volatility

Translated & summarized from Ynet by baba

CenterCharged tone

Hebrew · 19 newsrooms covering

Gasoline prices in Israel will reach a record high of 8.27 shekels per liter starting Wednesday night, an increase of 52 agorot. This new price surpasses the previous record and reflects global market trends.

The story in 4 lines · by baba

  • Gasoline prices in Israel reach record high of 8.27 shekels.
  • Price increase of 52 agorot takes effect Wednesday night.
  • New price surpasses previous record of 8.25 shekels.
  • Full-service charge remains unchanged at 26 agorot.
Fuel Prices in Israel Hit Record High Amidst Global Market Volatility
Editorial illustration generated by baba News, not a photograph of the event.

The price of a liter of 95-octane gasoline in Israel is set to reach an all-time high of 8.27 shekels starting Wednesday night at midnight. This represents an increase of 52 agorot compared to the September price, surpassing the previous record of 8.25 shekels per liter.

The price hike reflects ongoing global market fluctuations and their impact on fuel costs. The additional charge for full-service fueling will remain unchanged at 26 agorot per liter, including value-added tax.

This record price is expected to place additional financial strain on Israeli consumers and businesses, potentially impacting transportation costs and the broader economy.

YnetCentre · Rishon LeZion

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Full coverage · 21 outlets
First: Alarab · Sep 28

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