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Economy18:16 · Aug 1

Fuel Prices Surge to 8.09 Shekels per Liter as Drivers Rush to Fill Tanks

By אודי עציון
Translated & summarized from Walla by baba
Fuel Prices Surge to 8.09 Shekels per Liter as Drivers Rush to Fill Tanks
Editorial illustration generated by baba News — not a photograph of the event.
The story · English

Israeli drivers are flocking to gas stations ahead of a significant fuel price hike taking effect at midnight between Saturday and Sunday. The price of 95-octane gasoline in self-service stations will increase by 61 agorot, reaching 8.09 shekels per liter, the highest since the outbreak of the Ukraine war in February. This rise follows recent tensions with Iran impacting fuel costs. Earlier this year, prices hovered around 8.05 to 8.07 shekels per liter in May and June, with a dip to 7.48 shekels in June. The current price is approaching the all-time high of 8.25 shekels per liter recorded in September 2012. Full-service fuel will cost an additional 25 agorot per liter.

In response to rising fuel costs, the article highlights economical alternatives for car buyers. The MG4 Urban, recently reviewed, is noted as the most affordable electric family car in Israel, priced at 120,000 shekels. The new car market offers ten electric models under 150,000 shekels, including some below 100,000 shekels. Second-hand electric vehicles are also available for under 100,000 shekels. For those with access to daily charging at home or work, plug-in hybrid vehicles can significantly reduce fuel expenses by enabling mostly electric daily travel while maintaining long-distance flexibility.

Hybrid vehicles are presented as a reliable way to save on fuel without the need for frequent charging. Comparative tests of family-sized hybrid SUVs such as the Hyundai Tucson, Kia Sportage, and MG EHS are mentioned, alongside medium-sized hybrids like the Hyundai Kona, Toyota Corolla Cross, and Kia Niro. Compact hybrids including the JAC 5, MG ZS, and the affordable BYD Atto 2 plug-in hybrid are also reviewed. For those considering smaller cars, hybrid superminis like the Suzuki Swift, Toyota Yaris, and MG3 are suggested as economical options.

The article provides a comprehensive overview of the current fuel price surge and practical vehicle alternatives to help Israeli consumers manage rising transportation costs.

Read the original at Walla
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