15.07.2026 11:30
Following the 1.55 TL increase reflected on gasoline today, another storm is on the horizon for fuel... Due to rising tensions in the Middle East and congestion in the Strait of Hormuz, a massive double hike of 3.90 TL for diesel and 1.00 TL for gasoline is expected to take effect from Friday.
Geopolitical movements in global energy markets and fluctuations in exchange rates continue to increase upward pressure on fuel pump prices. Immediately following the gasoline price hike that took effect today (July 15), the latest information from industry sources indicates that drivers will face a new double price increase wave as of Friday.
PRICES WILL CHANGE AGAIN ON FRIDAY
According to information obtained from industry representatives, a significant increase in listed prices is expected as of Friday. With the new regulation that will challenge drivers:
- A price increase of 3.90 TL is expected for diesel,
- And a price increase of 1.00 TL is expected for gasoline.
GEOPOLITICAL CRISIS HITS THE PUMP: TRAFFIC STOPPED IN THE STRAIT OF HORMUZ
These sharp price increases domestically are shown as a direct result of risks in international supply chains and volatility in crude oil prices. With the end of the ceasefire between the US and Iran, renewed tensions in the Middle East have pushed the barrel price of oil to its highest level in the last month. The halt of ship traffic again in the Strait of Hormuz, one of the most critical transit points for global oil trade, has triggered a global supply crisis. Following these global developments, domestic fuel prices have inevitably faced another wave of price increases.