7 Hrs
Source:
الجزيرة نت
Syrians respond to fuel price hike
The Syrian government's decision to raise fuel prices by between 25% and 40% sparked widespread controversy and anger among the Syrian public. It led to street protests and calls for officials to use public transportation in solidarity with citizens. This happened amidst extraordinary circumstances, including increased costs of importing petroleum products due to global conditions. The price of 95-octane gasoline rose to 195 Syrian pounds per liter, up from 152 pounds, while diesel reached 175 pounds. Economic experts warned that this decision could lead to decreased production and deteriorate living conditions, emphasizing that the rise in prices reflects pressures caused by regional crises, particularly the closure of the Strait of Hormuz and the US-Iran conflict. They also indicated that these effects are expected to be temporary as the government seeks alternative solutions to ensure economic stability.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)