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Labrish
Nyuuz
Uganda assures a stable fuel supply despite Middle East tensions
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[QUOTE="Queen, post: 87600, member: 27"] Iran's Supreme Leader getting killed just rattled global oil markets, but Uganda is telling its citizens the fuel pumps aren't going dry anytime soon. Uganda's petroleum supply reassurance [LIST] [*]The Ugandan Ministry of Energy and Uganda National Oil Company jointly assured citizens that the petroleum supply stays stable. [*]Their joint statement, dated March 2, pointed to a diversified supply chain not tied to any single region. [*]UNOC and its supply partner, Vitol, are actively tracking the Middle East situation as it develops. [*]Scheduled fuel cargo deliveries for March 2026 are reportedly still on course, with contingency plans already in place. [/LIST] What actually sparked the panic [LIST] [*]A coordinated U.S.-Israel attack on Iran on Saturday, February 28, killed Supreme Leader Ali Hosseini Khamenei. [*]Retaliatory strikes from Iran followed, and fears around Strait of Hormuz disruptions went into overdrive. [*]Global fuel supply anxiety kicked in almost immediately after the strikes landed. [/LIST] What Uganda's government is doing about it [LIST] [*]Alternative supply routes have been secured to head off any potential disruption to the pipeline. [*]Pump prices are expected to hold relatively steady, according to the Ministry and the regulator. [*]Citizens and market participants are being urged to stay calm under the Petroleum Supply Act framework. [/LIST] [/QUOTE]
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Nyuuz
Uganda assures a stable fuel supply despite Middle East tensions
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