Riyadh, Saudi Arabia | Sep 12, 2025 (The Arabian Wall Street) — In a move reflecting deepening regional ties, Saudi Arabia has granted Syria a total of 1.65 million barrels of crude oil to strengthen the Syrian energy sector and support economic recovery.
The grant, provided through the Saudi Fund for Development (SFD), follows the directives of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud, who also serves as Prime Minister. The agreement was formalized with the signing of a memorandum of understanding between SFD CEO Sultan Al-Marshad and Syrian Minister of Energy Mohammed Al Bashir.
According to officials, the crude oil supply is aimed at enhancing the operations of Syrian refineries, ensuring both operational and financial sustainability. It is also designed to bolster economic development, help overcome financial challenges, and drive the growth of vital economic sectors.
Beyond economic benefits, the initiative aligns with the Kingdom’s broader strategy to contribute to the United Nations’ Sustainable Development Goals (SDGs) by improving access to energy, stimulating industrial activity, and fostering regional stability.
The grant also underscores Saudi Arabia’s commitment to humanitarian and developmental support for the Syrian people. It comes at a critical time when Syria is seeking to restore its energy infrastructure and revive industries dependent on oil derivatives.
Diplomatic observers highlight that the initiative carries strategic importance, as it not only supports Syria’s immediate needs but also reinforces the historical bonds between the two nations. The move is widely seen as part of Saudi Arabia’s ongoing efforts to stabilize the region through economic cooperation and energy diplomacy.
With this grant, Saudi Arabia reaffirms its regional leadership role in balancing humanitarian aid with long-term economic partnerships, marking another milestone in Gulf–Levant relations.
