Successive Fuel Price Hikes Expected Following US-Iran Conflicts
As the increase in oil prices is expected to be reflected on fuel boards in Turkey, new price hikes for gasoline, diesel, and LPG are on the agenda.
The military conflicts between the US and Iran driving up crude oil prices are preparing to be reflected as price hikes in Turkey's fuel market.
Reflections of the Rise in Oil Prices
Military conflicts between the US and Iran pushed crude oil prices up in global markets, directly affecting fuel costs in Turkey.
Current Schedule for Diesel and Gasoline
According to information obtained from industry sources, as a result of the upward movements, there is a possibility of a price hike for the diesel group effective Friday, and for the gasoline group effective Saturday.
Expected Increase in LPG Prices
An increase between 1.07 and 1.11 liras is projected in the liter price of LPG, known as autogas, and if this hike occurs, average prices in Istanbul are expected to change.
This expected increase is planned to be reflected directly in pump prices starting from midnight connecting September 2 to September 3.