The regime has now taken control of the Safiyan and al-Thawra oil fields, and the Syrian Petroleum Company announced they have been officially transferred back to state management and are being prepared for renewed operation.

This matters because oil is not just an export commodity. First and foremost, it is fuel for electricity generation, transportation, and industry. Returning oil fields to state control could allow for more regular energy supply, ease chronic shortages, and reduce dependence on expensive imports.

At the Central Bank of Syria, officials are already framing the move as the “return of national resources to an institutional framework.” The bank’s governor argued that this step will strengthen the regime’s ability to stabilize liquidity—in other words, improve regime revenues and cash flow.