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شبكة فلسطين الإخبارية
Gasoline price drops to 7.75 shekels
Israeli Finance Minister Bezalel Smotrich has decided to reduce the price of 95-octane gasoline to 7.75 shekels per liter for two months, following a price surge to the highest levels in over a decade. The decision was implemented immediately after legal obstacles were removed, and it includes increasing the cost of a liter to 8.01 shekels after adding service charges, while the price in Eilat dropped to 6.49 shekels for self-service. This comes after fuel prices rose by 16 agorot per liter due to an increase in global oil prices, attributed to factors such as the conflict with Iran, the closure of the Strait of Hormuz, and rising energy costs. The move aims to ease the financial burden on consumers amid a wave of fuel price increases and economic impacts, although some parties have expressed reservations about raising the budget deficit and its potential effect on the Israeli economy.
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