October 25, 2026
The price of fuel could approach nine shekels per liter
תמונה: ChatGPT
Drivers in Israel pay a tax every time they buy fuel.
In recent months, the government has lowered the tax to ease the burden on drivers.
But the temporary discount ends at the end of the month.
If Finance Minister Bezalel Smotrich does not extend the discount, the price of fuel will rise by one shekel per liter.
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Oil has also become more expensive, and the dollar has strengthened. These changes could further increase the price, up to nearly nine shekels per liter.
Smotrich has not yet decided whether to extend the discount. More expensive fuel also increases the cost of transporting goods. Therefore, the increase could also lead to higher prices in stores.