
Fuel Price Hike Expected in Turkey
Fuel prices in Turkey are expected to rise significantly, with increases anticipated for gasoline, motor oil, and LPG. The sharp increase is attributed to a rise in special consumption tax, with motor oil prices already up by 3.60 TL per liter. Industry sources predict a 10% increase in motor fuel prices on September 4, which could also impact transportation and logistics costs.5 sourcesSee all sources