21 Hrs
Source:
شبكة راية الإعلامية
Gasoline price increases to 8.27 shekels
Fuel prices in Israel have increased as of the beginning of October. The price per liter of 95 octane gasoline in self-service stations rose by 6.7% to reach 8.27 shekels, compared to 7.75 shekels previously. This increase comes despite the ongoing reduction of fuel taxes approved by the Minister of Finance, aimed at curbing rising prices. However, the global oil price has risen by about 13%, and the dollar has gained approximately 3% against the shekel, both of which have contributed to higher fuel costs. As a result, the combined components of the global gasoline price and fuel taxes account for about 54% of the consumer sale price, with costs continuing to rise due to global market factors and fluctuations in the local currency's performance.
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