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Ongoing Story· Day 32

Israel to Cut Fuel Tax by NIS 0.50 Next Week

15 developments

AlarabEconomy

Fuel Prices Cut by Half a Shekel Per Liter Starting Midnight

By كل العرب

Translated & summarized from Alarab by baba

CommunityNeutral tone

Arabic · 34 newsrooms covering

Originalخفض أسعار الوقود بنصف شيكل للتر الواحد بدءاً من منتصف الليلة

The story in 5 lines · by baba

  • Fuel prices to decrease by 0.50 shekels per liter starting midnight.
  • New gasoline price will be 7.77 shekels per liter.
  • Agreement reached by Prime Minister and Finance Minister.
  • Legal advisor approved the measure.
  • Ministry of Finance professionals opposed the cut.
Fuel Prices Cut by Half a Shekel Per Liter Starting Midnight
Editorial illustration generated by baba News — not a photograph of the event.

The Prime Minister and Minister of Finance have reached an official agreement to reduce fuel prices by half a shekel per liter, effective midnight tonight. This decision will bring the price of gasoline down to 7.77 shekels per liter. The economic measure received approval from the government's legal advisor, despite official opposition from professional staff and officials within the Ministry of Finance. The agreement was finalized and announced on October 4, 2026, at 4:23 PM.

AlarabArab · Nazareth

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EconomyTopic

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Mentioned

{'name': 'Ministry of Finance', 'role': '', 'source_words': 'وزارة المالية'}
Full coverage · 38 outlets
50% centreFirst: Israel Hayom · 14h ago

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