Syrian Energy Minister Testifies on Oil Prices

The People's Assembly Office has approved holding a hearing with the Minister of Energy to discuss the reasons behind the rising prices of petroleum derivatives, following the release of a new price bulletin. This increase is due to the global rise in insurance costs for these products, coinciding with the refinery maintenance at Baniyas. As a result, there has been widespread public outrage and economic and security challenges in eastern and northern Syria. The session is scheduled for next Thursday to explain the circumstances and considerations behind the adjustment, which the ministry regards as temporary to ensure the availability of supplies in the market.

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