World News | Gas Prices to Drop Slightly in July

Tel Aviv [Israel], July 31 (ANI/TPS): The Fuel and Gas Administration in Israel's Ministry of Energy and Infrastructure announced that at midnight between Thursday and Friday (31.07.2025-01.08.2025), the prices of fuel products that are under supervision and sold to consumers at gas stations will be reduced.

The maximum price per litre of unleaded 95 octane gasoline for the consumer at a self-service station (including VAT) will not exceed 7.07 Shekels (USD 2.08) per litre, a decrease of 0.08 Shekels from the previous update. The surcharge for full service will be 0.24 Shekels per litre (including VAT), unchanged from the previous update.

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Director of the Fuel and Gas Administration at the Ministry of Energy and Infrastructure, Batsheva Abuhatsira: "Last month, there was a decrease in international gasoline prices, a trend that also affected fuel prices in Israel, so that the price of fuel at the station will be the lowest since the beginning of 2024. The decrease in price is affected by 2 main factors: a decrease of approximately 3 per cent in the price of international gasoline during the month of July, as well as the weakening of the dollar against the shekel by approximately 1 per cent compared to the previous month.

The Ministry of Energy and Infrastructure once again reminds us to compare prices at gas stations and wishes every Israeli household a safe and pleasant journey." (ANI/TPS)

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(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)