Petrol Prices Plunge: Israelis to Witness Relief at the Pump
The Israeli Ministry of Energy and Infrastructure’s Fuel and Gas Administration announced a significant reduction in fuel prices. The decrease will take effect at midnight between Thursday, July 31, 2025, and Friday, August 1, 2025.
This price drop applies to all fuel products under government supervision and sold at retail gas stations across the country. The exact amount of the reduction has not yet been specified.
The announcement comes as a welcome relief to Israeli consumers grappling with rising living costs. The impact of this price reduction on inflation and overall economic sentiment remains to be seen.
This development will be closely watched, not only within Israel but also by neighbouring nations facing similar fuel price pressures. The move could influence energy policy discussions across the region and impact international fuel markets.
