Following the harsh US, EU, and non-EU sanctions on Russia, Damascus appears to be bracing itself for what may be the most severe shortages in food and oil commodities the country has witnessed in decades. On February 24, the first day of Russia’s invasion of Ukraine, the Syrian cabinet held an emergency session to draft a plan to mitigate the conflict’s potential consequences on Syria, namely increases in the prices of wheat, oil, and international shipping rates, and supply chain disruptions.

Source: The Syria Report