Market stability and supply measures
The Ministry of Industry, Trade, and Supply confirmed that the proactive measures it has taken have contributed to stabilizing the local markets and ensuring the availability of essential goods, despite the challenges resulting from the closure of the Strait of Hormuz and its impact on trade movement and global supply chains. The ministry continued monitoring the strategic stockpile, which is sufficient to cover the needs of wheat and barley for a period ranging between 6 and 10 months. It also implemented measures to prevent the export of certain food products to guarantee their availability in the domestic market. Additionally, the ministry carried out regulatory campaigns on more than 42,000 establishments to ensure compliance with pricing regulations, and it protected consumers' rights through market regulation of vehicles and the provision of after-sales services.
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