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Labrish
Nyuuz
Mthuli Ncube says fuel talks prevent Zimbabwe shortage
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[QUOTE="Queen, post: 88765, member: 27"] Global fuel crunch hits hard, but Zimbabwe's finance chief insists pumps stay full for months ahead thanks to backroom deals. Mthuli Ncube fuel assurance [LIST] [*]Mthuli Ncube confirmed talks are locked in for enough diesel and petrol stocks. [*]The government locked down supply security for the next three months. [*]He spoke after an Ingutsheni Central Hospital fundraiser in Bulawayo on Friday. [*]Zimbabwe stays stuck as a pure importer, taking global price hits. [/LIST] Geopolitical oil shock details [LIST] [*]Middle East tensions spiked oil costs and squeezed supply lines. [*]U.S.-Israel strikes on Iran shut down the Strait of Hormuz from late February 2026. [*]Brent crude rocketed to between US$107 and US$113 per barrel. [*]Normal flow through that chokepoint covers about 20 percent of the world's oil. [/LIST] Government mitigation steps [LIST] [*]Negotiations with fuel suppliers delivered firm commitments. [*]Financial setups buttress the guaranteed deliveries. [*]Officials moved to dodge any outright shortages domestically. [*]Ncube stressed the country avoid running dry on petrol or diesel. [/LIST] [/QUOTE]
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Nyuuz
Mthuli Ncube says fuel talks prevent Zimbabwe shortage
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