04.03.2026 11:50
The war in the Middle East is expected to raise oil prices, which will affect fuel prices in Turkey. According to sector sources, a historic price increase for diesel and gasoline is anticipated starting tomorrow. A price hike of 12.45 TL for diesel and 3.68 TL for gasoline is projected to take effect as of March 5, 2026, at 00:01. Lastly, the planned 6.69 TL increase for diesel that was supposed to take place tonight has been canceled.
The war in the Middle East is causing fuel prices to rise in Turkey as well. According to industry sources, a historic price increase for diesel and gasoline is expected to take effect from midnight tonight.
According to the information obtained, starting from March 5, 2026, at 00:01, a price increase of 12.45 TL for diesel and 3.68 TL for gasoline is anticipated. If the expected increase occurs, it will be one of the largest price hikes in recent years for fuel prices.
DIESEL WILL EXCEED 70 LIRA
If this massive increase is reflected at the pump tonight, the price of diesel per liter in Turkey will surpass psychological limits. Currently, the average price of diesel in the European side of Istanbul is 60.40 TL per liter, which will jump to 72.85 TL after the increase. In Ankara, it will reach 73.95 TL, and in the provinces of Eastern Anatolia (for example, in Hakkari), it will reach 75.68 TL. This situation will immediately affect all food and consumer goods.
LAST INCREASE WAS CANCELED
The planned increase of 6.69 TL for diesel tonight has been canceled; it has been learned that the increase will only be reflected in kerosene products.
ALL EYES ON "EŞEL MOBIL" SYSTEM
After the expectation of an increase, all eyes are on the Ministry of Treasury and Finance. It is being discussed that the government may reintroduce the "Eşel Mobil" system, which was previously implemented to prevent the direct reflection of price increases at the pump. If the system is implemented, part of the increase in international oil prices could be covered by the Special Consumption Tax (ÖTV), thereby limiting the rate of increase.