Prime Minister's Office: I have agreed with Minister of Finance Bezalel Smotrich to lower fuel prices by half a shekel per liter tonight.
Israel's Prime Minister's Office announces a 0.5 shekel per liter fuel price reduction tonight, tackling global price hikes.
While the price of fuel is soaring around the world, we are ensuring it does not soar in Israel. This is also the case with the price of electricity in Israel, which is among the lowest in the West as a result of our insistence on developing gas reserves and opening competition in electricity production. Israel’s economy is breaking records. We will continue to navigate it responsibly.