Afghanistan Fuel Prices Fall Slightly After Initial Surge Amid Middle East Conflicts

Afghanistan Fuel Prices Fall Slightly After Initial Surge Amid Middle East Conflicts

Source: ToloNews|

Conflicts in the Middle East have driven up global fuel prices, but in Afghanistan prices have slightly decreased following an initial surge.

Diesel prices dropped from 66 Afghanis to 62 Afghanis per liter, petrol from 66 to 61 Afghanis and LPG from 55 to 50 Afghanis per kilo, after rising by up to 10 Afghanis.

Economic expert Seer Qureshi attributed the decrease to lower import taxes, market-driven pricing by traders and imports mainly from Central Asian countries.

Drivers in Kabul welcomed the reduction but called for further cuts amid economic pressures. Amin, a driver, said the current rates do not allow enough work to cover vehicle and family expenses. Ahmad Milad, another driver, noted that even at 60 Afghanis per liter, costs remain high after taxes, and at 50 Afghanis it would still be burdensome.

Fuel companies linked the initial surge to regional developments and pledged ongoing market monitoring. Mohammad Nabi Bahar, spokesman for the General Directorate of Fuel Companies, said prices are controlled nationwide, with efforts to prevent hoarding and ensure ample supply.

Global fuel price fluctuations persist as Afghan citizens hope for greater domestic stability and further reductions.

Know more about this story?

If you have additional information or believe something is inaccurate, let us know. Your tips help us stay accurate.

Sources (1)

ToloNewsPrimaryNeutral
Original

More in Economy