Turkey Fuel Prices Update: Diesel and Gasoline Price Drops April 12 2026

Fuel prices in Turkey are experiencing a downward trend following a sharp decline in global crude oil prices. This shift is primarily 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, the drop in Brent crude prices, which plummeted by more than 10%, is expected to translate into significant reductions at domestic pumps. Initial data suggests a potential reduction exceeding 10 liras for both gasoline and diesel.

Current Market Pricing

As of April 12, 2026, the average gasoline price per liter in Turkey was $1.13, with the average price per gallon at $4.28. For historical context, the highest recorded gasoline price was $1.49 on July 1, 2022, while the lowest was $0.85 on March 1, 2021.

Local pricing varies by city and district. Based on data from Petrol Ofisi, current prices in major urban centers are as follows:

• Istanbul: Gasoline prices range from 62.49 TRY on the Anatolian side to 62.63 TRY on the European side. Diesel prices range from 76.42 TRY on the Anatolian side to 76.56 TRY on the European side. LPG is priced at 34.39 TRY (Anatolian) and 34.99 TRY (European).
• Ankara: Gasoline is 63.61 TRY, diesel is 77.69 TRY, and LPG is 34.87 TRY per liter.
• İzmir: Gasoline is 63.88 TRY, diesel is 77.97 TRY, and LPG is 34.79 TRY per liter.

Impact of the Sliding Scale System

The extent to which these global price drops reach consumers depends on the sliding scale (eşel mobil) system used by the Turkish government. This system is designed to mitigate the impact of volatile oil prices through tax adjustments.

For diesel, the full discount is expected to be reflected in pump prices because the Special Consumption Tax (ÖTV) limit has been exhausted. However, the mechanism for gasoline differs; 75% of the calculated discount is used to replenish the ÖTV, while only the remaining 25% is applied as a direct price cut for the consumer.

Context of Recent Volatility

The current price reductions follow a period of significant increases triggered by conflict that began on February 28, 2026. During that period, Brent crude appreciated by 53%, causing transport prices in Turkey to jump over 4.5% in a single month.

Since the start of that conflict, diesel prices increased by more than 35%. In Istanbul, gasoline rose from 58.34 liras to 63.25 liras, while diesel surged from 60.39 liras to 85.29 liras before the recent downward corrections began.

Recent adjustments include a reduction of 4.35 lira in diesel prices, which became effective on Tuesday, April 14, 2026, following the continued decrease in oil prices.

Global Price Comparisons

Turkey’s gasoline prices remain high relative to several other nations. Data indicates that the price of gasoline fuel in Angola is 72% lower than in Turkey, and It’s 37% lower in Indonesia. Other comparisons show prices are 12% lower in Burundi, 11% lower in India, and 7% lower in Cameroon.

Conversely, gasoline is more expensive in some neighboring regions, with prices in Greece being 32% higher than those in Turkey.