Houthi militia raises the price of gasoline

English - Thursday 10 February 2022 الساعة 07:20 pm
Sana'a, NewsYemen:

The Houthi militia - the Iranian arm in Yemen - has approved a new price tariff for gasoline in light of a stifling crisis in Sanaa and its neighboring governorates, and anticipation for the emptying of nearly 30 tons of gasoline that arrived at the port of Hodeidah on board the ship "Seadoor" at the beginning of the week.

The Houthi militia announced the resumption of opening (40) stations belonging to the oil company and its agents in Sanaa to fill cars with gasoline on Thursday, February 10, 2022, at a price of (9900) riyals per can of 20 liters, an increase of (1400) riyals over the previous price (8500) riyals.

The Houthi militia raised the price of one liter of gasoline from 425 riyals per liter to (495) riyals, an increase of 80 riyals over the previous price.

The new price dose will contribute to raising transportation wages for individuals and goods, which will push the prices of all products, especially food, towards insane price increases, and will exacerbate the terrible humanitarian catastrophe experienced by citizens in the governorates under the control of the Houthis as a result of the continued deterioration of the national currency as well as the suspension of salary payments for about one million and 200 thousand employees.

Since its coup and its control of state institutions in September 2014, the Houthi militia has monopolized the import of oil derivatives for a limited group of its leaders who were keen to convert oil derivatives into a commodity for illegal enrichment, in contrast to the slogans the group carried to pass its coup represented in rejecting the price doses of oil derivatives, and considered fatal doses for the Yemeni people.

Parliamentary reports revealed earlier that the leadership of the Houthi coup militia looted more than 60 billion riyals in one year from the state’s public revenues, in addition to their continued looting of six billion and three hundred million riyals per month from the difference in selling oil derivatives.

From time to time, the Houthi militia seeks to create crises of oil derivatives, and to feed its black market with these materials to achieve imaginary financial profits, by deliberately closing derivatives filling stations, rationing working hours for operating stations, and creating obstacles to stop them.

The Houthi militia receives oil subsidies from Tehran, which it sells to citizens at prices three times higher than its prices in the global market, and imposed successive price doses on the prices of these materials, reaching three times their price in 2014.