New price hike for diesel on the horizon: Signs will change once again

Expectations of a new increase in fuel prices have come to the agenda. Following today's 1.35 TL hike in the liter price of gasoline, a change in the signs for diesel is also expected.

According to Nefes, a 3.50 TL increase in the liter price of diesel is projected to take effect starting from midnight tomorrow. It is stated that the expectation of a price hike has emerged following the sharp rise in oil prices in recent days.

The barrel price of Brent crude approached 102 dollars today with an increase exceeding 8 percent. The rising tension in the region following the US attacks on Iran has been effective in the rise of global oil prices.

The report stated that after Iran closed the Strait of Hormuz, the blockade initiated by the Houthis in Yemen against Saudi Arabia in the Bab-el-Mandeb Strait pushed energy prices upward. Fuel prices can change depending on exchange rates and tax regulations, as well as oil prices.

News Source: 12punto