Diesel prices in Turkey rose by 1.14 lira per liter starting midnight on July 21, as fuel distributors adjusted rates in response to ongoing currency volatility and recent tax increases.
The hike underscores the persistent pressure on household budgets and transport costs in the region, where energy prices remain sensitive to both global crude benchmarks and domestic fiscal policy.
Global crude oil markets have provided some stability, with Brent crude stabilizing around $72 in recent weeks despite geopolitical uncertainties in the Middle East.
The adjustment comes as special consumption taxes (ÖTV) on fuel have been repeatedly raised, compounding the impact of a fluctuating exchange rate on local pump prices.
While gasoline and LPG prices also face upward pressure, the latest move specifically targeted diesel, a critical input for logistics and agricultural sectors.
This follows a pattern of frequent price revisions that have kept fuel costs elevated throughout the summer.
Global crude oil markets have provided some stability, with Brent crude stabilizing around $72 in recent weeks despite geopolitical uncertainties in the Middle East.