Increasing fuel prices in Israel.
Gasoline prices in the occupied territories have risen several times in less than a month.
Although it had risen about 8 cents earlier last month, it will rise by another 23 cents per liter from Monday morning, and will continue to do so, the Yedioth Ahronoth newspaper reported.
Under the heading of jumping gasoline prices by more than 20% in a year, Ahranut wrote: “Fuel prices will reach 62 Igor shekels from Monday morning, to experience a 24% increase compared to 2020.”
According to the Hebrew-language newspaper, although it has seen a significant jump this year, it is not expected to remain in this figure and we should expect further increases in its price.
It is further reported that the price of gasoline in Israel is based on the formula of the average price of gasoline in Europe in the last 5 working days of the month and is divided by the price of the dollar on the fifth day, to which are added domestic costs such as marketing services and VAT. It becomes.