Fuel Prices to Drop Slightly Then Rise Significantly Next Week
Translated & summarized from N12 by baba
Israeli fuel prices will decrease by 42 agorot per liter starting Sunday, November 3rd, reaching 7.35 shekels. However, a decree lowering prices expires on November 7th, causing a significant jump to 8.35 shekels. The Finance Minister can renew the discount, but his decision is unknown.
The story in 5 lines · by baba
- Fuel prices will drop by 42 agorot per liter starting Sunday, November 3rd.
- The price of 95-octane gasoline will be 7.35 shekels per liter for self-service.
- A decree lowering fuel prices expires on Thursday, November 7th.
- Fuel prices are expected to rise to 8.35 shekels per liter after the decree expires.
- Finance Minister Bezalel Smotrich can renew the discount to keep prices lower.
Fuel prices in Israel are set to decrease by 42 agorot per liter starting Sunday, November 3rd, bringing the maximum price for a liter of 95-octane gasoline to 7.35 shekels for self-service. The surcharge for full service at gas stations will remain unchanged at 26 agorot per liter. However, this reduction is temporary, as a decree signed by Finance Minister Bezalel Smotrich, which lowered fuel prices by half a shekel, is set to expire on Thursday, November 7th. Following the expiration of this decree, the price of gasoline is expected to jump to 8.35 shekels per liter, exceeding the price before the reduction. The Finance Minister has the option to renew the discount to maintain the lower prices, but it remains uncertain whether he will do so.
