Home Southern Africa Mozambique Mozambique: Government May Take Measures to Ensure Stability of Fuel Price

Mozambique: Government May Take Measures to Ensure Stability of Fuel Price

Mozambique: Government May Take Measures to Ensure Stability of Fuel Price

Nampula — Mozambican President Daniel Chapo has announced that the government may introduce measures in early May to ensure the stability of fuel supplies and protect domestic consumption in order to respond to the fuel crisis arising from the closure of the Strait of Hormuz because of the US-Israel war of aggression against Iran.

The Strait of Hormuz, which connects the Persian Gulf to the Gulf of Oman, is the transport route for around 20 per cent of globally traded oil and a significant…

Read more on AllAfrica.com

South Africa Today Africa – Southern Africa Mozambique News