‘People don’t have money’: Syrian fuel hikes deepen economic pain
Summary
Syria raised fuel prices overnight, increasing diesel by 40% and petrol by 28%. This caused protests in several cities, disruptions to transportation, and rising costs for everyday goods and travel amid ongoing economic struggles.Key Facts
- The Syrian government increased diesel prices by 40% and petrol prices by 28% starting Sunday night.
- Protests occurred in many cities, including Aleppo, Idlib, and Damascus, with roadblocks and tyre burning.
- Demonstrators blocked a major highway in northeastern Syria, halting hundreds of oil tankers.
- A black market for fuel has grown because of the high prices and limited official supply.
- The price hikes follow several increases since February, with petrol up about 86% and diesel more than double.
- Nearly 90% of Syrians live below the poverty line, making fuel cost rises impact food and transport prices.
- Syria’s war ended recently in December 2024 with the fall of Bashar al-Assad’s regime, and the new government is working to improve the economy.
- Transport businesses face severe losses as fuel costs rise faster than fares, leading to expected price increases for travel and tourism.
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