A huge hike in the price of fuel products in the TRNC is on the agenda

A huge hike in the price of fuel products in the TRNC is on the government's agenda.

According to reports making the rounds on Thursday, the fuel Unit has suggested a 5.40 TL increase in 95 and 98 octane gasoline.

Brent oil prices and the changes in foreign exchange has continued to affect fuel prices in recent times.

The proposal for a record hike in fuel prices will be one of the agenda items at the Council of Ministers meeting of the newly formed UBP-DP-YDP government when they meet again..

If the Council of Ministers approves the proposal, a liter of 95 and 98 octane gasoline prices will exceed 23.50 TL.

Suggested increased prices
95 octane gasoline 23.54
98 octane 23.78

On April 14, 2022, fuel prices were last increased by 70 kurus per liter.

95 octane gasoline 18.14
98 octane 18.38