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Major Fuel Price Hike Expected in Turkey, Effective Midnight Monday
๐Ÿ‡น๐Ÿ‡ท Turkey /Economy & Trade

Major Fuel Price Hike Expected in Turkey, Effective Midnight Monday

From Cumhuriyet · () Turkish

Translated from Turkish, summarized and contextualized by DistantNews.

At a glance

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  • Fuel prices in Turkey are expected to rise significantly, with gasoline prices set to increase by 2.08 Turkish Lira per liter starting Monday night.
  • The price hike is attributed to global market fluctuations, currency movements, and consecutive special consumption tax increases.
  • Current fuel prices in Istanbul, Ankara, and Izmir are provided, with gasoline ranging from 68.21 TL to 69.62 TL.

Gasoline prices in Turkey are poised for a substantial increase, with sector sources indicating a 2.08 Turkish Lira hike per liter effective Monday night. This anticipated surge is driven by a confluence of factors, including global market volatility, currency exchange rate fluctuations, and a series of special consumption tax hikes.

The price adjustment is expected to add 1.56 Turkish Lira to the pump price, with the new rates taking effect on Tuesday, August 11. This development is a cause for concern for drivers who are closely monitoring the fuel market.

As of August 10, 2026, current fuel prices across major cities are as follows: In Istanbul's European side, gasoline is 68.36 TL and diesel is 80.04 TL. On the Anatolian side, gasoline is 68.21 TL and diesel is 79.90 TL. In Ankara, gasoline costs 69.32 TL and diesel is 81.16 TL. Izmir sees gasoline at 69.62 TL and diesel at 81.44 TL. Liquefied petroleum gas (LPG) prices remain relatively stable, with minor variations across the cities.

DistantNews Editorial

Originally published by Cumhuriyet in Turkish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.