Oil has skyrocketed, fuel prices are increasing.

Oil has skyrocketed, fuel prices are increasing.

11.05.2026 10:04

With Middle East tensions pushing oil prices above $100, a fuel price hike is expected in the domestic market. According to information from industry sources, a 1 lira 10 kuruş increase is anticipated for diesel.

Tensions in the Middle East shake energy markets as oil prices rise above $100. Following the surge in global markets, diesel prices are also expected to increase.

US-IRAN TENSIONS SEND OIL SOARING

The inconclusive outcome of peace talks between the US and Iran, along with the renewed possibility of war in the region, has caused a sharp rise in oil prices. In global markets, the price of Brent crude oil has exceeded the $100 per barrel level. The volatility in energy markets is beginning to directly reflect on fuel prices.

DIESEL EXPECTED TO SEE A 1 LIRA 10 KURUS HIKE

According to information obtained from industry sources, the liter price of diesel is expected to increase by 1 lira 10 kurus. The new prices are projected to be reflected at the pump starting tomorrow.

HERE ARE THE PRICES AFTER THE HIKE

Following the expected increase, the liter price of diesel is expected to rise to 67.35 lira in Istanbul, 68.48 lira in Ankara, and 68.75 lira in Izmir. In eastern provinces, the price is estimated to exceed 70 lira, reaching up to 70.21 lira.

UNCERTAINTY CONTINUES IN ENERGY MARKETS

Experts indicate that rising geopolitical risks in the Middle East could sustain volatility in oil prices. It is also stated that potential disruptions in the Strait of Hormuz could negatively impact global energy supply.

CURRENT FUEL PRICES

ISTANBUL EUROPE

Gasoline:63.88

Diesel:66.28

ISTANBUL ASIA

Gasoline: 63.73

Diesel: 66.16

ANKARA

Gasoline: 64.83

Diesel: 67.40

IZMIR

Gasoline: 65.12

Diesel: 67.68

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