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[INTERNATIONAL] · Syria · 50 sources

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Syria implements fuel price hikes amid widespread protests

Syria has implemented significant fuel price increases, with diesel rising by 40 percent to 175 Syrian pounds per liter and 95-octane gasoline increasing by approximately 28 percent to 195 pounds. Domestic gas cylinder prices also rose to 1600 pounds. The Syrian Ministry of Energy described these adjustments as temporary measures necessitated by rising global costs for securing petroleum derivatives and increased shipping and insurance expenses.

The price hikes coincide with a two-month maintenance overhaul at the Baniyas refinery, which has increased the nation's reliance on imports. Currently, Syria produces approximately 100,000 barrels of crude oil per day but requires between 300,000 and 325,000 barrels daily to meet domestic demand.

The decision has triggered widespread protests across multiple provinces, including Aleppo, Idlib, Hama, Raqqa, Deir ez-Zor, and Al-Hasakah. Demonstrators have blocked major highways, such as the M5 international road, and burned tires to express opposition. In response to the unrest, the Syrian People's Assembly has scheduled a hearing for Energy Minister Mohammed al-Bashir to address the economic impact and the justifications for the price adjustments.

Entities

Abdul Hamid Salat · Abdul Hamid Sallat · Al-Merkada · Banias Refinery · Baniyas Refinery · Baniyas refinery · Homs Refinery · Ministry of Energy · Mohammed al-Bashir · People's Assembly · Syria · Syrian Ministry of Energy

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