Business · Energy & Commodities · 1 hr ago
Fuel tax increases expected to raise petrol and diesel prices in Turkey
Petrol and diesel prices in Turkey are expected to rise as fuel tax increases take effect from 1 November.
The increases are part of a phased withdrawal of a system that limited tax increases when global market shifts and currency movements threatened to raise prices.
Including VAT, the expected increase is 4.15 lira per litre for petrol and 3.60 lira for diesel.
The tax schedule calls for further increases on 1 December, with the diesel tax set to reach its pre-system level on 1 January 2027.
Because 1 November falls on a Sunday, it is not yet clear when the increases will reach pumps; industry sources say prices have generally changed at the start of the week after markets close on Friday.
One estimate based on current prices suggests diesel could exceed 100 lira per litre and petrol 80 lira, but these are projected prices.
Fuel prices in Turkey are expected to rise on 1 November as a phased increase in special consumption tax takes effect.
The expected increase, including value-added tax, is 4.15 lira per litre for petrol and 3.60 lira for diesel.
The increase is part of a gradual withdrawal of the fuel-tax support system, with further tax increases scheduled for December.
The date when the higher prices will reach pumps is not settled because markets are closed at the weekend.
One report said the increases could push diesel above 100 lira and petrol above 80 lira per litre.
- Who
- Drivers in Turkey are expected to face higher petrol and diesel prices.
- What
- Petrol is expected to rise by 4.15 lira per litre and diesel by 3.60 lira. The increases stem from higher special consumption tax.
- When
- The increases are expected from 1 November 2026. The exact day they will appear at pumps is uncertain.
- Where
- Turkey.
- Why
- The increases are part of a phased withdrawal of the fuel-tax support system and a scheduled return of tax rates to earlier levels.
This story does not have two clearly opposing sides.
The fuel-tax support system was introduced to limit the impact of global fluctuations and currency movements on consumers.
The scheduled increases in petrol’s per-litre special consumption tax began, according to the reports.
The next scheduled tax increase is expected to add 4.15 lira per litre to petrol and 3.60 lira to diesel, including value-added tax.
Further increases are scheduled, taking petrol’s per-litre special consumption tax to 14.82 lira and diesel’s to 12 lira.
Diesel’s per-litre special consumption tax is scheduled to reach 13.90 lira.
- Petrol increase
- 4.15 lira per litre, including value-added tax, expected from 1 November
- Diesel increase
- 3.60 lira per litre, including value-added tax, expected from 1 November
- Petrol tax
- Per-litre special consumption tax scheduled to rise to 11.36 lira on 1 November
- Diesel tax
- Per-litre special consumption tax scheduled to rise to 9 lira on 1 November
- Pump-price timing
- Uncertain because markets are closed at the weekend
3 sources
What people are saying
Saturday and Sunday markets are closed. Until now, price increases calculated on Friday, when markets closed, have been reflected at the start of the week. Will the practice continue? Will it change? We will see.