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Reading: Gasoline costs to rise above NIS 7 on Saturday night time
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PhreeNews > Blog > World > Business > Gasoline costs to rise above NIS 7 on Saturday night time
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Business

Gasoline costs to rise above NIS 7 on Saturday night time

PhreeNews
Last updated: February 26, 2026 8:59 am
PhreeNews
Published: February 26, 2026
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The utmost worth of presidency worth managed 95 octane gasoline at self-service pumps in Israel will rise on Saturday at midnight March 1, 2026, by NIS 0.14 per liter to NIS 7.02 per liter, the Ministry of Power and Infrastructure has introduced. Final month the worth rose by NIS 0.03 per liter. The cost for service at pumps will stay NIS 0.25 per liter.

The utmost worth of presidency worth managed 95 octane gasoline at self-service pumps in Eilat, the place there isn’t any VAT, will rise NIS 0.12 on Saturday night time to NIS 5.95 per liter. The cost for service at pumps will stay NIS 0.21 per liter.

The Ministry of Power stated, “Safety and geopolitical tensions have led to a rise within the worth of worldwide gasoline, by a cumulative fee of seven.06% in contrast with the earlier replace. As well as, the replace displays a rise of roughly 0.3% within the change fee. The Ministry of Power and Infrastructure as soon as once more recommends that the general public examine costs between fuel stations and desires them a secure and nice journey,”

For the sake of comparability, the most costly that 95 octane gasoline has been lately was NIS 7.90 in Could 2024 and the most affordable was NIS 6.81 in April-Could 2023, partly because of a brief minimize in excise tax.

The value of gasoline at fuel stations in Israel is calculated by the Ministry of Power in direction of the tip of every month, based mostly on the typical gasoline costs within the Mediterranean area and the shekel-dollar change fee. As well as, the worth contains margins for advertising bills for the fuel station, excise tax and VAT.

Revealed by Globes, Israel enterprise information – en.globes.co.il – on February 26, 2026.

© Copyright of Globes Writer Itonut (1983) Ltd., 2026.


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