Syria more than doubles petrol prices

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A busy street in Damascus. Syria’s internal commerce ministry has announced a petrol price hike of 127% due to shortages and amid extended power cuts that have blighted the war-torn country. – EPA pic, August 7, 2022.

SYRIA’S internal commerce ministry has announced a petrol price hike of around 130% in the war-torn country facing fuel shortages and extended power cuts. 

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The cost of a litre of subsidised fuel will rise to 2,500 Syrian pounds (RM21.70), from 1,100 Syrian pounds previously, a rise of 127%, the ministry said in a statement quoted by the official SANA news agency late yesterday. 

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