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Israel cuts fuel tax as US-Iran conflict pushes up gasoline prices
Israel's finance minister ordered a fuel excise tax cut for two months. This action addresses the recent surge in gasoline prices across the nation. Petrol prices reached an all-time high, causing public dissatisfaction and concern. The tax reduction aims to lower the price of gasoline per litre. Global oil prices and Middle East tensions are influencing these domestic fuel costs.
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haaretz.com
Israel to cut gasoline price by 6% after fuel prices hit a record high
The proposed tax cut would lower the price at the pump by 0.5 shekels per liter after gasoline reached a record 8.25 shekels per liter, or ($2.73) this week
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cryptobriefing.com
Iran conflict drives US gas prices to near historical highs
Iran conflict raises US gas prices to near historical highs. Crude oil reaching a new all-time high by December 31 at 10% YES.
