It has been announced that the hikes to be applied to fuel prices as of this evening have been cancelled.
After the statement of President Erdogan in the evening hours, after the rapid appreciation of the Turkish lira, a statement came about the fuel price hikes, which are expected to be reflected in the pump tonight. EMRA, the aforementioned hikes has been canceled announced.
“The determining factor in fuel prices is oil prices and foreign exchange movements”:
In its statement, EMRA stated that fuel oil is directly related to oil prices and foreign exchange movements, so price changes are suspended until exchange rates are clarified. At the same time as soon as possible the decrease in the exchange rate It was also informed that it will reflect on the pump.