Historic Fuel Price Hike Is on the Horizon: The Price per Liter Will Skyrocket by More than 8 Lira Tonight - Sözcü Newspaper
11 Articles
11 Articles
According to information obtained from industry sources, a massive increase in gasoline and diesel prices is expected to take effect from midnight tonight. To limit the impact of the significant increase in diesel prices at the pump, a special consumption tax (ÖTV) adjustment is also being considered.
Escalating geopolitical crises and supply concerns in global oil markets have caused a new shockwave in fuel prices! Effective at midnight, diesel prices increased by 7.72 TL and gasoline prices by 2.48 TL.
The ongoing tension between the US and Iran continues to fuel market volatility. According to industry sources, the price of diesel is expected to increase by 8.24 TL per liter.
With Brent crude trading at $95, there is speculation about whether diesel and gasoline prices will increase. Vehicle owners are researching the latest situation, asking questions such as, "Will there be a price increase for diesel?" and "Will gasoline prices rise?"
After a record increase of 8.24 pounds to the price of gasoline, which is expected to arrive in the price of diesel from midnight tonight, there is also an expectation of an increase for gasoline. According to the Tüpraş price formulation, a price increase of 3.29 liras including VAT on gasoline is calculated, while this is expected to be reflected in the pump of 2.47 pounds.
As fluctuations in Brent oil prices and exchange rate movements continue in global markets, car owners will be looking to pump prices on Thursday morning, September 3, 2026.
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