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Ongoing Story· Day 57

Israel to Cut Fuel Tax by NIS 0.50 Next Week

16 developments

MaarivEconomy

Israel Fuel Prices to Drop by 42 Agorot Per Liter Soon

Translated & summarized from Maariv by baba

CenterNeutral tone

Hebrew · 2 newsrooms covering

The price of 95-octane gasoline in Israel will decrease by 42 agorot to 7.35 shekels per liter at self-service stations starting November 1, 2026. However, prices could surge to 8.35 shekels per liter on November 5 if a special excise tax order expires. The Ministry of Energy and Infrastructure advises consumers to compare prices.

The story in 5 lines · by baba

  • Gasoline prices in Israel will drop by 42 agorot per liter starting November 1.
  • The maximum price for 95-octane unleaded fuel will be 7.35 shekels per liter.
  • A potential price increase to 8.35 shekels per liter is possible on November 5.
  • The price hike could occur if a special excise tax order expires.
  • The surcharge for full-service stations remains at 26 agorot per liter.

The price of gasoline in Israel is set to decrease by 42 agorot per liter for 95-octane unleaded fuel for self-service stations. This change will take effect at midnight between Saturday, October 31, and Sunday, November 1, 2026. The maximum price will be capped at 7.35 shekels per liter, including VAT.

However, a potential significant price hike is looming. If a special order regarding fuel excise tax is not renewed, it will expire on November 5, 2026. This expiration would cause the maximum price to jump to 8.35 shekels per liter starting November 5.

The surcharge for full-service stations will remain unchanged at 26 agorot per liter, including VAT. The Ministry of Energy and Infrastructure is advising consumers to compare prices across different stations to find the most economical option.

Separately, the article mentions a different price point for 95-octane unleaded fuel at self-service stations, stating it will not exceed 8.27 shekels per liter, an increase of 52 agorot from a previous update. This appears to be a conflicting or additional piece of information regarding price adjustments.

MaarivCentre · Jerusalem

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Mentioned

Full coverage · 2 outlets
First: Maariv · 11h ago

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