Jerusalem Post/Business & Innovation/All NewsThe order will lower the price of a liter of gas from NIS 8.27 to NIS 7.77.Follow us on GoogleA fuel pump display shows the price and amount of gasoline purchased at a gas station in central Israel, September 7, 2026.(photo credit: NATI SHOHAT/FLASH90)ByANNA BARSKYOCTOBER 4, 2026 16:44Updated: OCTOBER 4, 2026 16:45Prime Minister Benjamin Netanyahu and Finance Minister Bezalel Smotrich agreed to cut gasoline prices by 50 agorot per liter beginning at midnight between Sunday and Monday.The order reducing the fuel excise tax, signed by Smotrich on Sunday, will lower the price of a liter of gasoline from NIS 8.27 to NIS 7.77.This is a developing story.Startup Nation, in your inboxDeals, breakthroughs, and the tech shaping Israel's economySee more onFollow us on Google
Israel to lower gas prices by half a shekel per liter from October 5
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