Israel Ranks Among World's Most Expensive Gas, Hits Record High
Translated & summarized from Cursorinfo by baba
The story in 5 lines · by baba
- Israel's gasoline prices reached a record high of 8.27 shekels per liter.
- The country now ranks sixth globally for the most expensive gasoline.
- A 50-liter tank fill-up in Israel costs approximately 504.38 shekels.
- Hong Kong has the world's most expensive gasoline at $4.414 per liter.
- Malawi, Norway, Denmark, and the Netherlands also have very high gas prices.
The price of gasoline in Israel has reached an all-time high, with a liter of 95-octane fuel now costing 8.27 shekels for self-service. This latest price increase prompted a comparison of fuel costs globally, using data from GlobalPetrolPrices. According to the data, Israel ranks among the top ten countries worldwide for the most expensive gasoline, with a liter of 95-octane priced at $2.69.
To illustrate the cost, the article calculated the price to fill a 50-liter car tank in various countries. In Israel, this would cost approximately 504.38 shekels, based on an exchange rate of 3.75 shekels to the dollar. Following a recent price hike, Israel has moved up to sixth place in the ranking of countries with the highest gas prices, surpassing Liechtenstein.
Globally, Hong Kong has the most expensive gasoline 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 at $2.776 per liter.
Other countries in the top ten include Finland, Germany, and Switzerland. In Finland, a liter costs $2.616, with a 50-liter tank costing about 490.50 shekels. Germany's price is $2.609 per liter, totaling approximately 489.19 shekels for a full tank. Switzerland has the tenth most expensive gas at $2.60 per liter, or about 487.50 shekels for 50 liters.
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