Gasoline and diesel prices set to rise in Türkiye
A new round of fuel price increases is expected in Türkiye. According to industry sources, gasoline and diesel prices are projected to rise ahead of an upcoming Special Consumption Tax (SCT) adjustment.
The first increase is expected to affect gasoline on Thursday, October 29, followed by a diesel price hike on Saturday, October 31.
Following the anticipated increases in gasoline and diesel prices, the SCT adjustment scheduled for November 1 is also expected to affect prices at the pump. As a result, fuel prices could rise several times within a short period. However, the exact amounts of the increases have not yet been confirmed. Market participants are monitoring updated industry cost calculations and pricing announcements from fuel distribution companies for further clarity.
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