In Yemen, war at home and in the region drives up prices
Summary
Fuel prices have risen by about 10 percent in areas controlled by the Houthi rebels in Yemen. The increase is linked to rising global oil prices and recent fighting in Yemen, making daily life harder for people like taxi driver Ahmed Yahya who already struggle with food and rent costs.Key Facts
- Petrol prices in Houthi-controlled Yemen increased from 4,750 to 5,250 Yemeni riyals (about $8.90 to $9.80) per 10 liters.
- The price had been stable for four years before this recent rise.
- The Yemen Petroleum Company says the hike is due to global fuel price increases and expects it to be temporary.
- Fighting resumed recently in Yemen after four years of relative calm, affecting transportation and prices.
- Transporting goods now takes longer and costs more because truck drivers avoid conflict areas, raising prices for consumers.
- About 18 million people in Yemen face severe food shortages.
- Taxi driver Ahmed Yahya spends about $140 monthly on food, and fuel price increases raise this to about $159.
- The International Monetary Fund reports Yemen’s conflict has caused widespread hunger, disease, displacement, and limited clean water access.
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