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Full coverage· Economy· Updated

Fuel Prices in Israel Poised for Sharp Rise, Exceeding 8 Shekels Per Liter

Fuel prices in Israel are set to rise sharply next week, potentially exceeding 8 shekels per liter, due to global oil price increases driven by geopolitical tensions. This surge is expected to largely cancel out a recent government subsidy.

9 newsrooms · 3 languages · since

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Fuel Prices in Israel Poised for Sharp Rise, Exceeding 8 Shekels Per Liter
Illustration by baba

What happened

  1. 01Gasoline prices in Israel may exceed 8 shekels per liter next week.
  2. 02Rising global oil prices and geopolitical tensions are driving the increase.
  3. 03The expected price hike will likely negate a recent government fuel subsidy.
  4. 04The final price will be set by the end of the month.
  5. 05Further increases are possible without expanded government subsidies.
Translated and summarized by baba from Alarab, the latest report. Read Alarab’s original

The coverage

9 newsrooms on this story

Who covered it

  • LeftNone
  • Centre1
  • Right2
  • Haredi1
  • Arab1
  • Other4

How it broke

See which of the 9 newsrooms broke it, and who waited