Gasoline prices to rise for fourth straight month
| Published date | 31 March 2024 |
| Author | Oren Dori |
| Publication title | Globes (Rishon LeZion, Israel) |
In addition to the rising price of oil on world markets and volatility in the shekel-dollar exchange rate, an additional reason for the price rise has been the decision by Minister of Finance Bezalel Smotrich to restore the previous full level of excise tax on fuel.
Between April 2022 and the end of 2023, the Ministry of Finance reduced excise by varying amounts to keep price controlled 95 octane gasoline...
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