Namibia: Fuel Prices Skyrocket As Middle East War Escalates

Escalating Middle East conflict and global oil supply disruptions have driven up international crude prices, directly threatening Namibia’s import-reliant economy.

Petrol will increase by 60c while diesel 50ppm and diesel 10ppm will each go up by 160c per litre as of midnight on 2 September, the Ministry of Industries, Mines and Energy announced last week.

“War destabilises all facets of life, including economies, and Namibia is no exception,” Clayton Peel, a lecturer at the Namibia University of…