Fuel Prices to Drop Unexpectedly This Weekend
Translated & summarized from Walla by baba
The maximum price for a liter of 95-octane gasoline in Israel will unexpectedly drop by 42 agorot this Saturday night to 7.35 shekels. This price decrease is potentially temporary, as it depends on the renewal of a tax order expiring on November 5. If the order is not extended, prices may increase again.
The story in 3 lines · by baba
- Fuel prices will drop by 42 agorot this Saturday night, reaching 7.35 shekels per liter.
- The price decrease was unexpected, contrary to earlier predictions of a sharp increase.
- The reduction may be temporary if a tax order is not extended by November 5.
Contrary to expectations of a significant price hike, the maximum price for a liter of 95-octane gasoline at self-service stations will decrease by 42 agorot this Saturday night, settling at 7.35 shekels. This reduction comes as a surprise to many who anticipated a sharp increase.
However, the "fine print" of this price drop suggests it may be temporary. The decrease is contingent on the extension of a blue-and-white tax order, which is set to expire on November 5. If the order is not renewed, fuel prices could rise again shortly thereafter.
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