August 20, 2026 Fuel Prices: Updated List of Gasoline, Diesel and LPG in Istanbul, Ankara, and Izmir

Fuel prices in Turkey continue to be shaped by global market volatility, exchange‑rate swings, and successive increases in excise taxes.

Fuel Table for Istanbul's European Side

■Gasoline: 71.46 TRY per litre

■Diesel: 79.73 TRY per litre

■LPG: 33.79 TRY per litre

Fuel Table for Istanbul's Asian Side

■Gasoline: 71.31 TRY per litre

■Diesel: 79.58 TRY per litre

■LPG: 33.19 TRY per litre

Price Trends in Ankara and Izmir

■Gasoline is trading between 71.00‑71.50 TRY per litre.

■Diesel holds steady in the 79.30‑79.80 TRY range.

■LPG fluctuates modestly within 33.00‑34.00 TRY.

Deep Dive: Excise Tax and Exchange‑Rate Impact

■Exchange rate: A 2.3% rise in USD/TRY over the past week lifted imported input costs.

■Excise tax: Cumulative 12.5% additional excise levied in 2026 directly fed into retail fuel prices.

■Energy market: Brent crude climbed from $84 to $92, pushing local distribution margins upward in line with the price surge.

Rüzgar Ersoy: The upward pressure on fuel prices will feed straight into consumer‑price inflation and compress logistics margins. Banks must adopt a more cautious short‑term liquidity stance to safeguard net interest margins, while the surge in digital‑payment adoption will see consumers favor contact‑less and instant‑transfer channels over cash. Over the longer horizon, the shift toward renewable energy and expanding electric‑vehicle infrastructure points to a structural decline in fuel demand; financial institutions that pivot to carbon‑credit and sustainable‑finance products will secure a decisive competitive edge.