Rising Fuel Prices Spark Protests in Syria

Protests broke out in multiple Syrian areas after the government’s decision to sharply raise fuel prices, according to the Financial Times.

The government raised diesel prices by about 40% on Sunday, while gasoline prices increased by nearly 30%, citing the move as a temporary measure amid an exceptional global supply cost surge, including transportation and insurance expenses.

The price hike coincided with global oil prices rising above $108 per barrel, due to renewed regional tensions.

The decision triggered protests in several areas, including Raqqa, Hassakeh, and rural Idlib and Aleppo, where circulated videos showed demonstrators setting tires on fire and blocking major roads, while some demanded the resignation of the energy minister.

In the city of Homs, taxi and public transport drivers raised fares within hours of the announcement, sparking public discontent amid already difficult economic conditions.

Major Challenges

Syria’s economy faces significant challenges after years of war, sanctions, and corruption under the previous regime, while the new government has begun a path to revive the local oil sector.

The Ministry of Energy stated that Syria still relies on imports to meet nearly two-thirds of its energy needs, noting that maintenance work at the main coastal Banias refinery has further strained supplies.

Following the wave of protests, Syria’s People’s Council announced it would hold a hearing on Thursday with Energy Minister Muhammad al-Bashir to discuss the reasons behind the fuel price increases, according to official media.