The Houthi militia admits to an increase of 1,400 riyals in fuel prices

Yemen (news now) 02/10/2022 19:58

The Houthi militia’s increase in the price of fuel will complicate the living conditions

  • The Houthi militia raised the price of a gallon of gasoline from 8,500 to 9,900 Yemeni riyals
  • 30 thousand Yemeni riyals, the price of a gallon of gasoline on the black market

The Houthi militia’s oil company announced that it officially raised fuel prices in the local market in its areas of control, starting today, Thursday, when it raised the price of a gallon of gasoline by 20 liters to 9900 riyals.

The official price for a gallon of 20 liters of gasoline was 8500 riyals before the repeatedly fabricated crisis by the Houthi militia.

They considered the Houthi oil company’s insistence to publish statements about certain stations to supply citizens with fuel, as the Houthi leaders’ insistence on investing in the crisis and exploiting them with the aim of raising fuel prices.

According to observers, the move to raise the price of oil derivatives is a catastrophic step that would contribute to complicating living conditions and doubling the financial burdens on citizens.

International reports accused Houthi militia By fabricating the fuel crisis, in their areas of control, to revive the black market, and to ensure quick profit at the expense of the suffering of citizens.

The oil derivatives crisis has continued in Sanaa for two months, accompanied by a great recovery in the black market, in which fuel prices have risen at a record level, the proceeds of which go to the leaders and supervisors of the Houthi militia.

Houthi militia
The fuel crisis has revived the black market in Yemen

The price of a gallon, gasoline, and a can of twenty liters on the black market has reached 30 thousand riyals, equivalent to (two hundred Saudi riyals), with the continuation of the closure of official stations to citizens, with the exception of some stations that witness very long queues for citizens’ cars, which give each car only thirty liters.

The report of the Security Council’s Committee of Experts, in its new version, revealed that the Houthi militia had achieved more than 70 billion Yemeni riyals during the year 2021 AD.

He stated that the volume of fuel supplies by land to areas controlled by the Houthi militia, in April and May 2021, amounted to about 10,000 barrels per day, which represented about 65 percent of the fuel imported to Yemen, compared to supplies of 6,000 tons per day before this date. Which indicates an upward trend.

The report accused the Houthi militia of creating an artificial scarcity of fuel in order to force traders to sell it on the black market they run, and to collect illegal fees charged for sales.

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