At the same time as fuel prices are rising in Iran, Benjamin Netanyahu, prime minister of Israel, announced that the price of fuel in his country has been reduced to half a “shekel” per liter, equivalent to about 17 US cents or about 38,000 tomans.

Netanyahu wrote on the social media platform X: “Tonight we lowered the price of fuel to half a ‘shekel’ per liter. While fuel prices around the world are rising, here our prices are going down.”

He also thanked Bezalel Smotrich, Israel’s finance minister, for joint efforts to reduce the fuel price.

The price cut was announced while the Islamic Republic government has increased the price of gasoline with station cards to 10,000 tomans per liter.