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Israeli Gas Prices Surge Above 8 Shekels Amid Global Oil Market Tensions

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Israeli Gas Prices Surge Above 8 Shekels Amid Global Oil Market Tensions
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דווח לראשונה בArutz Sheva · Jul 30, 2026

מה קרה

Gasoline prices in Israel are rising again above 8 shekels per liter due to a global oil price surge and a stronger dollar, reversing recent declines. The increase reflects renewed geopolitical tensions affecting oil supply, with potential for further rises or drops depending on upcoming US-Iran negotiations.

  • 01Gasoline prices in Israel will exceed 8 shekels per liter after two months of decline.
  • 02Global oil prices rose 22% recently, combined with a stronger dollar, causing an 8% local fuel price increase.
  • 03Prices had eased in June and July due to reduced US-Iran tensions and lower supply disruption fears.
  • 04Renewed geopolitical concerns about oil supply through the Strait of Hormuz triggered the recent price surge.
  • 05If tensions persist, prices may rise further, possibly surpassing 8.20 shekels per liter.
  • 06Improved US-Iran talks could lower global oil prices and reduce fuel costs in Israel by early September.

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In this story
People
OrganizationsUnited States, Iran
PlacesIsrael, Strait of Hormuz

סיקור מלא · 13 מקורות

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סיפורים קשורים

Israeli Gasoline Prices Expected to Surge Above 8 Shekels per Liter in AugustJul 26, 2026Fuel Prices in Israel Hit Record High Amid Global Market Fluctuations6 days agoFuel Prices Surge to 8.09 Shekels per Liter as Drivers Rush to Fill TanksAug 1, 2026Israeli Gasoline Prices Expected to Drop Below 8 Shekels Per Liter Next WeekAug 24, 2026Fuel Prices Set to Surge in Israel Amid Rising Tensions with IranJul 23, 2026Gasoline Prices Expected to Drop in Israel by September After August SpikeAug 9, 2026