Subjects – Syria Report



One of the largest companies affiliated with Hayat Tahrir Al-Sham recently published data on its operations, which span a variety of business sectors. Meanwhile, media reports have shed light on other HTS-affiliated companies and businessmen. 
The government has increased unsubsidised oil prices, attributing the hike to “rising global oil prices” and to its effort “to narrow the wide gap with black market prices.” Damascus has also announced a new Iranian credit line for the purchase of oil supplies from Tehran.
Hayat Tahrir Al-Sham has increased customs duties on goods exchanged through the Al-Ghazawiya crossing, which is shared with the Turkish-backed Syrian National Army, leading to a surge in the prices of imported goods, according to several opposition media outlets.
The Syrian Salvation Government has decided to price oil products sold in parts of the Idlib Governorate controlled by Hayat Tahrir Al-Sham in US dollars rather than Turkish liras amid the rapid collapse of the Turkish currency. Meanwhile, the Syrian government has increased the price of subsidised petrol sold via the smart card system by 46 percent, as supply shortages persist.



Watad Petroleum is an oil products trading company based in Idlib.

Economic investments; touristic, service and agricultural projects management and implementation; contracting and consulting