23.03.2026 23:20
Mahmut Arıkan, the Chairman of the Felicity Party, called on the government to reduce the VAT rate on fuel to 1% in response to the increase in oil prices.
U.S. President Donald Trump's announcement that he has postponed attacks on Iran for 5 days triggered a sharp decline in oil prices. The price of a barrel of Brent crude oil fell by more than 14%, dropping back below $100.
HAPPINESS PARTY LEADER ARIKAN: VAT ON FUEL SHOULD BE REDUCED TO 1%
Following the pullback in Brent crude oil prices, a notable call came from the opposition. Mahmut Arıkan, the General Chairman of the Happiness Party, called on the government to reduce the VAT on fuel to 1% in response to the increase in oil prices.
"THE GOVERNMENT MUST LIGHTEN THIS HEAVY BURDEN ON THE PEOPLE"
Arıkan, in a statement on his social media account, said, "Do not expect everything from the citizens! In every crisis, in every natural disaster, the government that asks for help from our citizens, resorting to sharing IBANs to appeal to the people's sense of solidarity; is increasing the burden on citizens by immediately reflecting the crisis in oil prices onto prices. The government must lighten this heavy burden on the people by reducing the VAT on fuel to 1%. Additionally, the recent drop in Brent crude oil should be taken into account, and the planned price increase should be canceled."