Karam Shaar— A year on, Syria has almost certainly recovered faster than forecast. However, the overall economic direction is increasingly unclear with multiple worrying signs.

In 2025, the Syrian pound moved less on economic fundamentals than on headlines. This article examines how announcements, liquidity controls, and market sentiment shaped the currency over the year.

The first post-Assad parliament was meant to signal inclusion. Our mapping of the 119 elected MPs tells a different story, clearly showing who made it in and who is absent.

Syria is simultaneously importing and exporting crude. We investigate this paradox, including how a little‑known buyer may mask a larger company and what the supplier map means for Syria’s energy security.

What began as a “buffer zone” is turning into a permanent presence. One year on, we look at how Israel’s incursions are reshaping daily life in Syria—and raising the risk of escalation.