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Full coverage· Economy· Updated

Israel to Cut Gasoline Prices by 50 Agorot Per Liter

Israel's Ministry of Finance will lower gasoline prices by 50 agorot per liter starting August 7, 2026, to 7.75 shekels, following approval from the government's legal advisor.

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What happened

  1. 01Gasoline prices in Israel will drop by 50 agorot per liter.
  2. 02The new price for 95-octane gasoline will be 7.75 shekels per liter.
  3. 03The price reduction takes effect on Monday, August 7, 2026.
  4. 04The cut is due to a temporary reduction in the fuel "blue" tax.
  5. 05Finance Minister Smotrich requested the price decrease.
Translated and summarized by baba from Panet, the latest report. Read Panet’s original

The coverage

27 newsrooms on this story

Who covered it

  • Left2
  • Centre7+2
  • Right4
  • Haredi3
  • Arab4
  • Other7+2

How it broke

See which of the 27 newsrooms broke it, and who waited