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Fuel Price Increase in Yemen Makes Life Difficult for Ordinary People

News Summary

  • In territories controlled by Houthi rebels in Yemen, fuel prices have increased by nearly 10%, reaching 5,250 Yemeni rials per liter.
  • The Houthi-owned Yemen Petroleum Company has cited global price hikes and the increased risks of transport routes due to renewed conflict as reasons for the price increase.
  • Local traders report that vehicles now take twice as long to reach destinations, with transportation costs falling directly on consumers.
  • Researchers warn that this price surge will impact critical sectors such as agriculture, transportation, and water, where 18 million people are already suffering from severe food insecurity.

October 18, Kathmandu – Fuel prices in areas of Yemen controlled by the Houthi rebels have surged by approximately 10%, increasing from 4,750 to 5,250 Yemeni rials per liter.

The Houthi-owned Yemen Petroleum Company stated that the hike is due to global increases in fuel costs combined with the renewed conflict in Yemen, which has made transportation routes longer and more hazardous.

Local merchants report that vehicles are now taking twice as long to reach their destinations. The increased transportation expenses have been passed on directly to consumers.

Researchers note that this price increase will adversely affect essential sectors such as agriculture, transportation, and water supply — all critical services for a country where 18 million people currently face severe food insecurity.

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