16 Hrs
Source:
شبكة فلسطين الإخبارية
Expected Fuel Price Rise in Israel Soon
According to estimates from Israel's energy sector, fuel prices are expected to double again starting from midnight Wednesday-Thursday, due to ongoing disruptions in the Strait of Hormuz. Prices are anticipated to increase between 25 and 40 agorot per liter, causing the cost at self-service stations to surpass 8 shekels per liter and leading to a rise of approximately 15-20 shekels in the total cost of fueling for each refill. This situation places a financial burden on households and impacts the inflation index. These increases follow previous hikes influenced by global oil prices and the depreciation of the shekel, despite the government's decision in September to temporarily cut the petroleum products tax by 50 agorot per liter.
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