[REVISION HISTORY]

Turkey fuel price volatility and energy cost surges

Updated 32 times since CLSTR started tracking revisions of this situation.

What changed

2026-09-13 04:50 UTC → 2026-09-14 12:26 UTC · added ~~removed~~

Turkey fuel price volatility and ~~diesel tax adjustments~~ energy cost surges

Turkey is navigating significant fuel price volatility driven by a scheduled phased tax increase and global market shifts. Following a Presidential Decision to zero out the Special Consumption Tax (ÖTV) on diesel from August 13 to August 31, 2026, the country transitioned to a progressive schedule. Effective September 1, 2026, the diesel ÖTV rose to 3 TL per liter, resulting in a total pump price increase of 3.60 TL per liter including VAT. By ~~early September~~ mid-September 2026, prices surged due to rising Brent crude prices and geopolitical tensions. Diesel prices rose by approximately 7.72 to 7.76 TL per liter, while gasoline increased by roughly 2.47 to 2.57 TL per liter. Consequently, diesel prices surpassed the 90 TL per liter threshold tensions in ~~Ankara, Izmir, and Bitlis, with Bitlis reaching 91.65 TL. As of September 12, 2026,~~ the ~~upward trend has resumed following~~ Middle East. Following a 3.20 TL increase in gasoline ~~prices. Industry~~ on September 12, industry sources ~~anticipate~~ reported that a substantial ~~hike in~~ diesel ~~(motorin) prices starting~~ hike was expected on Tuesday, September 15, with estimates ~~suggesting increases~~ ranging between 6.62 TL and 7.67 TL per liter. ~~If these hikes occur,~~ Such increases are expected to push diesel prices in major cities ~~such as~~ like Istanbul, Ankara, and Izmir ~~are expected to approach~~ toward the 100 TL per liter threshold, potentially setting new historical records. ~~This volatility~~ Further upward pressure is ~~fueled by Brent crude trading above 100 dollars due to geopolitical tensions and attacks on energy facilities and maritime routes in the Middle East, alongside the~~ anticipated from scheduled ~~gradual increase in diesel~~ monthly ÖTV increases through December. In addition to diesel, LPG cylinder prices have risen sharply. The cost for a 12 kg kitchen cylinder has reached approximately 1,570 TL, a 33.6% increase since the ~~end~~ start of ~~the year. These rising~~ 2026, while 2 kg picnic cylinders have climbed to 330–350 TL. Industry representatives warned that if energy and raw material costs continue to ~~place severe strain on~~ rise, the ~~transportation, agriculture,~~ 12 kg cylinder could approach the 2,000 TL threshold. Market observers are currently monitoring the Ministry of Treasury and ~~logistics sectors.~~ Finance for potential ÖTV adjustments to mitigate consumer impact.

Versions

Only revisions since CLSTR began indexing content versions appear here. Select a version to see what changed compared to the one before it.