Updated
Updated · OilPrice.com · Sep 14
Syria Fuel Price Hike Sparks Widest Unrest Since Assad's 2024 Fall
Updated
Updated · OilPrice.com · Sep 14

Syria Fuel Price Hike Sparks Widest Unrest Since Assad's 2024 Fall

3 articles · Updated · OilPrice.com · Sep 14

Summary

  • Diesel prices jumped 40% to 175 Syrian pounds a liter on Saturday, and gasoline rose as much as 28%, triggering protests within 24 hours across key transport routes and towns.
  • Damascus-Aleppo highway blockades and burning tires on the road to Turkey marked the broadest unrest since Bashar al-Assad fell in December 2024; crude tanker convoys to refineries were also halted.
  • Syria's Energy Ministry called the increases temporary, blaming higher procurement costs as Russian supply tightened after Ukrainian attacks on refineries and Moscow's export curbs.
  • The squeeze is worsening because Syria produces about 102,000 barrels a day against demand of roughly 325,000, while the Baniyas refinery has shut for a three-month overhaul.
  • With 90% of Syrians below the poverty line, the fuel shock underscores how Syria's energy shortfall is feeding post-Assad instability even as Damascus pursues new domestic and regional supply routes.

Insights

Can billion-dollar US and Saudi energy deals save post-Assad Syria before fuel protests collapse the fragile transitional government?
Why are Ukrainian drone strikes plunging millions of Syrians into a deepening energy crisis despite newly reclaimed domestic oil fields?