Fuel Price Update: Diesel and Gasoline Discounts Announced April 23, 2026 – Latest Rates in Istanbul, Ankara, Izmir

Fuel prices in Turkey are set to decrease on April 23, 2026, following a sharp decline in global crude oil prices, with diesel and gasoline expected to see notable reductions at the pump.

The price drop is attributed to a temporary ceasefire between the United States, Israel, and Iran, which has alleviated supply concerns and led to the reopening of the Strait of Hormuz, according to reports published on April 8, 2026.

Brent crude prices plummeted by more than 10% in early April 2026, prompting expectations of significant reductions in domestic fuel prices, with initial data suggesting a potential decrease exceeding 10 Turkish lira for both gasoline and diesel.

As of April 12, 2026, the average gasoline price per liter in Turkey was $1.13, equivalent to $4.28 per gallon, based on data from financial news outlet finans.cnnturk.com.

Historical context shows the highest recorded gasoline price was $1.49 per liter on July 1, 2022, while the lowest was $0.85 per liter on March 1, 2021.

Local pricing varies by city and district, with current prices in major urban centers as follows: In Istanbul, gasoline ranges from 62.49 TRY on the Anatolian side to 62.63 TRY on the European side, while diesel ranges from 76.42 TRY to 76.56 TRY respectively.

In Ankara, gasoline is priced at 63.61 TRY per liter, diesel at 77.69 TRY, and LPG at 34.87 TRY. In İzmir, gasoline costs 63.88 TRY per liter, diesel is 77.97 TRY, and LPG is 34.99 TRY.

LPG prices in Istanbul are 34.39 TRY on the Anatolian side and 34.99 TRY on the European side, reflecting regional variations in fuel pricing across the country.

The downward trend in fuel prices follows reports of declining global crude oil values, which are expected to translate into lower costs for consumers at domestic pumps nationwide.