Fuel

Delta Air Lines missed profit estimates and lowered its 2026 outlook due to high jet fuel costs, but CEO Ed Bastian reported robust consumer demand and rising ticket prices.

Rising global oil prices and expiring government subsidies threaten to push Israeli fuel prices to 9 NIS per liter. While Western fleets adopt strict cost-cutting measures and electric vehicles, Israeli consumers and corporate fleets remain heavily reliant on gasoline and plug-in hybrids.

TotalEnergies capped fuel prices at 1.99 euros for gasoline and 2.25 euros for diesel amid the Middle East conflict, costing up to 300 million euros while boosting its market share.

The cost of living in Israel in 2026 hits historic highs as fuel reaches 8.27 shekels per liter, alongside soaring prices for olive oil, coffee, flights, and chocolate.

Surging fuel prices following the war in Iran are squeezing small businesses and bakeries across France, forcing owners to absorb heavy energy costs while maintaining consumer prices.

Fuel prices in Israel are expected to surge by about 40 agorot per liter next week due to rising oil prices and mounting geopolitical tensions with Iran.

Dozens of drivers claim contaminated fuel at a Mitzpe Ramon gas station severely damaged their cars. Delek Israel activated its insurance to cover repairs despite disputed lab test results.

Protests erupted across Syria after the government raised fuel prices by up to 40 percent, citing temporary adjustments due to global supply costs and refinery maintenance.

After conflicts in the Middle East and Russia pushed refining margins to a record high and affected gas stations, Julius Baer bank reveals a surprising forecast regarding the future of fuel prices in the near term.

The legal advisor to the Ministry of Finance has appealed to the Attorney General's office to approve a reduction in the excise tax on gasoline until October 31, 2026, after fuel prices surged to a record 8.25 shekels. The request is submitted during an election period, in which the government acts as a transitional government obligated to exercise restraint in the exercise of its powers.

The Freedom Fuel gas station chain, praised by Donald Trump for its low prices, is facing allegations of selling stolen fuel. A lawsuit by Mansfield Oil claims the company acquired $4 million worth of fuel without paying for it.

Russia is facing a second wave of fuel crisis following Ukrainian drone attacks on oil facilities. Major gas station chains, including Rosneft, Gazprom, and Lukoil, have imposed limits on gasoline sales. Despite government claims of market stabilization, Russia has begun importing fuel. Meanwhile, nine people were killed in ongoing hostilities, and 206 prisoners of war were returned in a mutual...