Al-Shobaki: Fuel Price Hike Not Inevitable
Economic researcher Amer Al-Shobaki called on the Jordanian government not to impose any new increases on fuel prices in the upcoming month. He considered that the pricing decision should be based on the actual cost of the materials before taxes, rather than on the global rise in oil prices or escalation between the United States and Iran. He affirmed that taxes on gasoline and diesel could allow the government to lighten the burden on citizens instead of passing the full costs onto them. He also urged for the official and transparent publication of the real cost details for each product to enhance public trust. He emphasized that rising energy prices affect all economic sectors and decrease the purchasing power of citizens. He warned that increased costs could result from escalating tensions in the Gulf. He stressed that the government should bear part of the costs to reduce the harm to citizens and to stimulate economic activity. Furthermore, he highlighted the importance of protecting the prices of 90-octane gasoline and diesel due to their direct impact on people's daily lives and transportation.
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