Israel Considers Second Fuel Tax Cut to Curb Rising Gas Prices
Israeli Finance Minister Bezalel Smotrich met with senior ministry officials on Tuesday to discuss a potential reduction in the "blue" tax on fuel. The move aims to prevent a sharp increase in gasoline prices, which were set to reach a record high.
Sources close to the Finance Minister indicated that a second consecutive tax cut is considered beneficial for stimulating the Israeli economy. Smotrich had previously ordered a 0.5 shekel per liter tax reduction for two months, extending beyond the Knesset elections scheduled for October 27, 2026.
The Ministry of Energy and Infrastructure announced that as of Thursday midnight, the price of 95-octane gasoline would rise by 52 agorot to 8.27 shekels per liter for self-service. An additional 26 agorot per liter would be added for full-service pumps.
The Ministry's Fuel and Gas Department attributed the price hike to global oil market fluctuations, exacerbated by regional tensions in the Middle East, including sanctions on Iran and the closure of the Strait of Hormuz.
The same event, reported separately by each outlet. Open a few to compare what different newsrooms emphasize — and what they leave out.
Not the same event — other stories that share this one’s people, places, or theme: background, reactions, and follow-ups.
Ask About This Article
Duki reads it, and every newsroom on the same story, then answers with sources.
How the headlines differ
News Plus
One Event. Different Headlines.
See the words each newsroom chose, with the original headline beside the translation.