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شبكة شام الإخبارية
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Oil exceeds $100 amid supply issues in Syria
The fuel market in Syria is facing significant challenges due to the rise in global oil prices and international energy supply tensions, with the price of crude oil surpassing $100 per barrel. Expectations point to continued pressure caused by shipping disruptions and security threats in the Gulf and the Strait of Hormuz. The Syrian market is affected by fluctuations in oil prices, making it more difficult to ensure the availability of fuel products and avoid shortages, especially given the rising costs of shipping and insurance, as well as declining refining capacities. Syria relies on global and local indicators to set fuel prices and faces the challenge of balancing price stabilization with ensuring continuous supply. Ongoing pressures from rising costs and unstable supply routes threaten the stability of the transportation, production, and service sectors.
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