Al-Shobki Warns of Diesel Price Rise Risks
Diesel prices in Jordan have risen to record levels, with the average price reaching $6.53 per gallon, marking an almost 77% increase over the course of a year. This surge is primarily due to declining refining capacities, shipping disruptions, and supply chain issues—not just the price of Brent crude oil. Forecasts indicate that prices could continue to rise until the end of 2027 if this crisis persists, which could negatively impact the economy and social conditions. It would also place increased pressure on households and businesses that rely on fuel costs, with warnings of potential protests and unrest if governments do not take protective measures and diversify supply sources.
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