Diesel Price Drop in Turkey; New Rates Announced

Details of Diesel Price Reduction Across Turkey

After a period of consecutive fuel price increases that put significant pressure on Turkish consumers, good news is finally arriving from the fuel stations. According to reports from reputable Turkish media outlets, including «NTV» and «İzmir’de Son Dakika», the price per liter of diesel (motorin) is set to decrease by 2.16 Lira starting from the early hours of Saturday, July 11, 2026 [1]. This price cut comes after the price of this fuel product had increased three consecutive times in recent days, exceeding the 70 Lira threshold in many cities [2].

Impact of Global Markets and Brent Oil Prices

The main reason for this price adjustment is recent fluctuations in the global energy market. The price of Brent crude oil, which had reached nearly $80 due to political tensions between the United States and Iran and concerns regarding the security of tanker traffic in the Strait of Hormuz, has now retreated to the $75 per barrel range [1][3]. This $5 per barrel decrease provided the necessary room for Turkish energy authorities to lower prices in the domestic market. Experts believe that the relative stability of the exchange rate in recent days also played a role in this decision.

List of New Prices in Major Cities

With the application of this 2.16 Lira discount, diesel prices in Turkey's metropolitan areas will return below the psychological level of 70 Lira. Based on forecasts, the new rates in major cities will be as follows [2]:

• Istanbul: 67.72 Lira per liter
• Ankara: 68.83 Lira per liter
• Izmir: 69.10 Lira per liter
• Eastern Provinces: Approximately 70.58 Lira per liter

It should be noted that the slight price differences in various cities result from transportation and distribution costs from refineries to different regions [3].

A Look at Price Change Trends in July

July 2026 has been a volatile month for drivers in Turkey. In the second week of this month alone, diesel prices saw three stages of increases, adding a total of more than 5 Lira to the price per liter. Increases of 1.33 Lira, 76 Kurus, and finally 3.08 Lira had pushed prices to historic records [2]. Now, with this 2.16 Lira reduction, part of this inflationary pressure is being relieved, although prices remain at a higher level compared to last month. Currently, no change has been announced for gasoline and liquefied petroleum gas (LPG) prices, but market participants are closely monitoring global developments [1].