Amid Recent Crisis: Technical Committee Presents Options to Policymakers, Including Full or Partial Deregulation of Certain Petroleum Products

Sudanhorizon – Exclusive

The Sudanese High-level Technical Committee, comprising various relevant authorities, has concluded a study on the repercussions of the ongoing conflict in the Gulf and Red Sea regions on global oil prices—and the subsequent impact on Sudan—against the backdrop of the recent petroleum product crisis that affected the country and whose effects still linger.

Sudanhorizon news site learned from well-informed source familiar with the committee’s findings that several options have been presented to policymakers. The study concluded that fuel prices in Sudan are significantly influenced by political and military developments in the Middle East, given the link between global oil markets and regional security conditions, Sudan’s reliance on petroleum product imports, and the country’s prevailing economic and financial challenges.

The source added that the impact extends beyond rising global oil prices to encompass shipping and maritime insurance costs, foreign currency availability, Sudanese Pound exchange rates, and domestic transportation and distribution costs.

The source speaking to Sudanhorizon did not rule out the possibility that government authorities—in their effort to ensure the availability of petroleum products, particularly diesel, gasoline, and cooking gas—might resort to the full or partial deregulation of prices for these products.

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