Skip to main content

Syrian price spikes: Aleppo gas increases by 140%

Strikes by the US-led coalition on the Islamic State have targeted oil wells and refineries, causing prices of basic commodities in Syria to skyrocket.
A boy fills up a motorbike with diesel along a street in the Islamic State's stronghold of Raqqa September 30, 2014. Activists said that the price of the diesel and gasoline has increased since the beginning of the air raids believed to have been carried out by U.S.-led forces against Islamic State (IS) militants. Air strikes believed to have been carried out by U.S.-led forces hit three makeshift oil refineries in Syria's Raqqa province early on Sunday as part of an assault to weaken Islamic State (IS) mil

ALEPPO, Syria — Syrians are following with great concern the US airstrikes targeting the Islamic State (IS) and other factions on the US terror list. These strikes have directly impacted people’s lives, as economic and vital facilities in the country have been hit, such as oil wells and refineries, adversely affecting economic conditions.

Since the beginning of the coalition’s airstrikes on Sept. 23, oil prices have skyrocketed in Syria. In some areas, oil prices have doubled from before the strikes.

Access the Middle East news and analysis you can trust

Join our community of Middle East readers to experience all of Al-Monitor, including 24/7 news, analyses, memos, reports and newsletters.

Subscribe

Only $100 for annual access.