Israel cuts gasoline price by 50 agorot per litre ahead of elections
Gasoline in Israel will be sold for 7.77 shekels per litre starting midnight Monday, a 50-agorot reduction after a record high of 8.27 shekels last week.
From midnight Monday, self-service stations across Israel will charge 7.77 shekels per litre for gasoline, lowering the price by 50 agorot from the previous week's peak of 8.27 shekels. The cut translates to roughly 16 cents per litre for drivers. The adjustment follows the recent surge to record levels and comes as the country approaches its election period.
Why it matters
Lower fuel costs directly affect household expenses and can influence consumer spending.
In this story
gasoline priceIsrael50 agorot7.77 shekels8.27 shekelsself-service pumpsprice dropfuel costelection period
