The price of unleaded gasoline in Israel will drop by 32 agorot to 7.48 shekels per liter in July, according to the Ministry of Energy and Infrastructure's monthly fuel price update.
Israel's regulated fuel price for July will be 7.48 shekels per liter, a drop of 32 agorot (4.1%) from the June price. The decrease follows a sustained decline in global oil benchmarks driven by the US-Iran peace deal and anticipated increases in Iranian crude exports, as The Zioneer has reported. July's price is the lowest since before the current conflict began. The Ministry of Energy and Infrastructure updates the maximum consumer price for unleaded 95 octane gasoline on the first of each month, based on global crude and refinery product prices as well as the shekel-dollar exchange rate.
2 developments
- StrongFuel price to jump 61 agorot per liter in 45 minutes, drivers urged to refuel now
- StrongReport: Israel fuel price expected to rise 25-30 agorot per liter, near 7.75 shekels
- StrongChannel 14: Israeli fuel price to jump to 8.09 shekels per liter on Saturday night amid renewed Gulf conflict
- DevelopingIsrael prescription drug prices to drop 5.7% starting Wednesday
Source and signal
A single-sourced dispatch is never rated Confirmed or Strong. Its Signal strengthens only when a second, independent source corroborates it.
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