Fuel prices for U.S. motorists in Turkey and the Azores jumped significantly this week after fuel contracts in those countries increased more than 80 cents a gallon, the Army and Air Force Exchange Service announced Thursday.

The Defense Energy Support Center handles fuel contracts for Turkey and the Azores, with new prices taking effect at the start of the fiscal year.

As a result of the 80-cent-a-gallon jump, prices for all grades of fuel are now at the “floor” selling price. According to AAFES, that means the exchange would lose money if it were to sell fuel using the standard price formula, which adds the cost of dispensing fuel in a given country to the U.S. average from the Department of Energy.

Instead, AAFES said, the exchange is selling fuel at or near cost.

The price of one gallon of super-plus unleaded increased 64.7 cents in Turkey and 63.7 cents in the Azores. The price of one gallon of diesel increased 72.8 cents in Turkey.

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