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Gasoline prices in Yemen's Houthi-controlled areas have increased by 10% for the first time in four years, sparking inflation concerns.
Houthi-controlled areas in Yemen announced on Monday a gasoline price hike of approximately 10%, from 4,750 Yemeni rials (approximately $8.90) to 5,250 Yemeni rials (approximately $9.80) per liter. This marks the first price increase in the region in four years. The Houthi-operated Yemen Petroleum Company attributed the hike to "rising global fuel prices" and the impact of the US-Israeli war on Iran. Analysts warn that this price increase will trigger a severe wave of inflation, exacerbating the burden on local residents. The UNHCR also warned this week that the violence could lead to a humanitarian crisis.
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Source：半岛电视台 · Source Link
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