New Fuel Price Hikes: Diesel and Gasoline Prices Rise
Due to volatility in the global oil market and geopolitical risks, fuel prices in Turkey have been increased, with diesel reaching 90 liras in major cities.
In line with fluctuations in global oil markets and geopolitical risks, fuel prices in Turkey have been increased. A new tariff has come into effect with a price hike of 7.72 TL per liter for diesel and 2.48 TL per liter for gasoline.
Global Developments and Geopolitical Risks
The renewed tension between the US and Iran, combined with Ukraine's attacks targeting oil refineries in Russia, have heightened concerns regarding oil supply. These fluctuations in global markets have directly reflected on fuel prices in Turkey.
Increases in Fuel Prices
Following the rise in oil prices, domestic liter prices for diesel and gasoline were increased once again. Effective as of midnight, a hike of 7.72 liras was applied to the liter of diesel and 2.48 liras to the liter of gasoline.
Current Diesel Prices in Major Cities
Following the latest hikes, diesel prices saw the 90-lira threshold in major cities. While diesel exceeded 90 liras in Ankara and İzmir, it reached 91 liras in regional cities.
Istanbul Fuel Prices
On the European Side of Istanbul, gasoline stands at 76.92 TL and diesel at 88.88 TL. On the Asian Side of Istanbul, gasoline is sold at 76.77 TL and diesel at 88.76 TL.
Current Tariffs in Ankara and İzmir
Across Ankara, the liter price of gasoline is 77.87 TL while diesel is traded at 90.00 TL. In İzmir, gasoline was recorded at 78.15 TL and the liter price of diesel at 90.27 TL.