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Ongoing Story· Day 30

Israel to Cut Fuel Tax by NIS 0.50 Next Week

17 developments

Israel Ranks Among World's Most Expensive Gas Prices

Translated & summarized from Ice by baba

BusinessNeutral tone

Hebrew · Sole source

Originalשיא כל הזמנים במחירי הדלק: היכן ישראל מדורגת בעולם?

The story in 5 lines · by baba

  • Israel's gasoline prices reach an all-time high of 8.27 shekels per liter.
  • Israel ranks seventh globally for the most expensive gasoline.
  • A 50-liter fuel tank costs about 504.38 shekels in Israel.
  • Hong Kong has the world's highest gasoline price at $4.414 per liter.
  • Malawi, Norway, Denmark, and the Netherlands also rank among the most expensive.

Gasoline prices in Israel have reached an all-time high, with a liter of 95-octane self-service fuel now costing 8.27 shekels. In response to the surge, a comparison of global fuel prices reveals that Israel ranks among the top countries worldwide for gasoline costs. According to updated data from GlobalPetrolPrices, a liter of 95-octane gasoline in Israel is priced at $2.69, placing the country seventh among the ten most expensive nations.

To illustrate the cost, filling a standard 50-liter tank at an exchange rate of 3.75 shekels per dollar would cost approximately 504.38 shekels in Israel. Hong Kong leads the list with the highest price at $4.414 per liter, making a 50-liter fill-up cost around 827.63 shekels. Malawi is second at $3.239 per liter, followed by Norway at $3.138 per liter.

Denmark ranks fourth with $2.893 per liter, and the Netherlands is fifth with $2.776 per liter. Following the recent price increase, Israel has surpassed Liechtenstein, which is now in eighth place at $2.669 per liter. The top ten list also includes Finland, Germany, and Switzerland, all with prices around $2.60 per liter.

Read the original at Ice
IceOther · Tel Aviv

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