The price of a liter of gasoline in Israel is set to rise by 61 agorot at midnight, according to reports. Drivers are rushing to fill up before the increase takes effect.
The price of a liter of gasoline in Israel will increase by 61 agorot at midnight tonight, a significant jump that has prompted a last-minute rush to gas stations. The increase, reported shortly before its implementation, represents one of the larger single-step price adjustments in recent months.
The Zioneer has previously reported on fuel price volatility: a 32-agorot drop in late June, a forecast of a 25-30 agorot increase in July, and a subsequent jump to 8.09 shekels per liter at the end of July amid renewed Gulf conflict. The current 61-agorot increase is notably larger than those earlier adjustments, reflecting ongoing pressures on energy markets.
2 developments
- 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
- StrongN12 reports jet fuel price to surge 40% next week, likely driving up August flight tickets
- StrongOil prices surge to $85 per barrel, extending rally
Source and signal
A single-sourced dispatch is never rated Confirmed or Strong. Its Signal strengthens only when a second, independent source corroborates it.
- Open-source intake