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Gasoline prices in occupation state hit record
Gasoline prices in Israel have risen to a record high, reaching 8.25 shekels (approximately $2.77) per liter, starting from early September 2026. This is the highest level seen in 14 years. The increase followed a roughly 6% rise in the global market and a 3% decline in the dollar's exchange rate, resulting in a 77 agora increase over two months. The Ministry of Energy is considering discussions to reduce fuel taxes to counteract the increase, despite the difficulty of doing so due to the upcoming elections.
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