Fuel prices surge in Somalia and Tanzania amid supply disruption

Somalia’s government said it has limited control over fuel prices as imports are handled by private companies in a largely liberalised market.

Petroleum Minister Dahir Shire Mohamed said prices have risen sharply due to “external shocks”, linking the increase to regional tensions affecting global supply routes.

Fuel prices have climbed from $0.70 to $1.75 per litre, a 150 percent increase.

In Tanzania, the energy ministry announced a 33 percent rise in fuel prices, citing the US-Israeli war on Iran and its impact on supply and shipping, and urged people to use fuel carefully.

This article was sourced from Middle East Eye.

Read Full Article on Middle East Eye