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Ongoing Story· Day 57

Israel to Cut Fuel Tax by NIS 0.50 Next Week

13 developments

SrugimEconomy

Fuel Prices to Drop Significantly for Five Days in Israel

Translated & summarized from Srugim by baba

Religious-rightCharged tone

Hebrew · 10 newsrooms covering

Fuel prices in Israel will decrease by 42 agorot per liter to NIS 7.35 starting November 1st, 2026, for a period of five days. This significant drop is due to a temporary tax reduction. However, prices are expected to jump by a full shekel to NIS 8.35 on November 5th if the government does not extend the tax order.

The story in 5 lines · by baba

  • Fuel prices in Israel will drop by 42 agorot to NIS 7.35 per liter starting November 1st, 2026.
  • The reduced fuel price is expected to last for only five days.
  • A significant price increase to NIS 8.35 per liter is anticipated on November 5th.
  • The price change depends on a government decision regarding tax orders.
  • Drivers are advised to compare prices at different stations.
Fuel Prices to Drop Significantly for Five Days in Israel
Editorial illustration generated by baba News, not a photograph of the event.

Drivers in Israel are set to benefit from a substantial decrease in fuel prices starting this weekend. The Fuel and Gas Administration at the Ministry of Energy and Infrastructure announced that as of midnight between Saturday, October 31st, and Sunday, November 1st, 2026, the price of supervised fuel products will be reduced. The maximum price for a liter of 95-octane unleaded gasoline at self-service stations will drop by 42 agorot to NIS 7.35 per liter. The surcharge for full service will remain unchanged at 26 agorot per liter.

However, this price reduction may be temporary. The Ministry of Energy and Infrastructure cautioned that the lower price is contingent on a government decision regarding taxation. If the current tax order is not extended, it will expire on the night of November 4th-5th. Should this occur, the maximum price for a liter of gasoline is projected to surge by a full shekel to NIS 8.35 starting November 5th.

The Ministry is advising the public to compare prices across different fuel stations to find the most economical option.

SrugimRight · Jerusalem

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