Oil Market Volatility Fuels Fuel Price Hike Expectations
· Dünya Gazetesi
Rising Brent crude to the $105 band amid US-Iran tensions has increased expectations for domestic fuel price hikes, with current pump prices in major cities revealed.
Brent crude prices experienced a rapid surge, reaching up to the $109 level, amid escalating tensions between the United States and Iran. The benchmark oil then saw a subsequent decline, trading in the $105 band. This global market volatility has brought the question of whether gasoline and diesel prices will increase domestically to the forefront. While no official price hike information has been communicated by sector sources yet, expectations for an increase in fuel prices continue following the recent hikes.
Pump prices in major cities were recorded as of September 11, 2026. In Istanbul's European side, gasoline is sold at 77.01 TL, diesel at 88.89 TL, and LPG at 34.99 TL. On the Anatolian side, gasoline is priced at 76.87 TL, diesel at 88.84 TL, and LPG at 34.39 TL. In Ankara, a liter of gasoline costs 77.89 TL, diesel 90.11 TL, and LPG 35.09 TL. In Izmir, gasoline is set at 78.26 TL, diesel at 90.38 TL, and LPG at 34.99 TL.