Reasons for Syria's fuel price cut

The Syrian government announced a reduction in the prices of petroleum derivatives ranging from 14% to 20%, aiming to keep pace with market developments and achieve a balance between production costs and consumer prices. The decision came after a comprehensive economic study and was based on flexible criteria that determine fuel prices according to the global oil price, exchange rates, import, and transportation costs. New prices have been set for gasoline and diesel, with regular reviews to ensure supply stability and to support economic activity within the country.

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