New Fuel Price Hikes Coming Due to Middle East Tensions and Brent Crude
Developments in global markets and rising geopolitical tensions are directly impacting fuel prices. While a price hike for gasoline is expected starting from midnight, a price increase in the diesel group is also anticipated in the early days of the week.
The reflection of tensions in the Middle East on global markets and the upward movement in oil prices have brought about expectations for new fuel price hikes. While a 3 TL 20 kurus increase in the price of gasoline is projected to take effect as of midnight tonight, a price increase is also expected for diesel on Tuesday.
Gasoline and Diesel Price Increases
Within the scope of expected price changes in the fuel market, a price increase of 3 TL 20 kurus per liter of gasoline is projected starting from midnight tonight. According to information provided by industry sources, following this increase in gasoline, a price hike is also expected for the diesel group on Tuesday.
Global Oil Markets and Brent Level
Conflicts in the Middle East and increases on a global scale are directly affecting the oil markets. The price per barrel of Brent crude surpassed the 100 dollar threshold, climbing to 108.44 dollars, while US West Texas Intermediate crude rose to 103.17 dollars per barrel.