Diesel just jumped to US$2.05 and petrol hit US$2.17 per litre in Zimbabwe, effective 18 March 2026.
ZERA hikes fuel prices sharply
ZERA hikes fuel prices sharply
- ZERA bumped diesel from US$1.77 to US$2.05 per litre.
- Petrol (E5 blend) climbed from US$1.73 to US$2.17.
- Local-currency tags sit at ZWG 52.19 and ZWG 55.13, respectively.
- Biweekly reviews aim to dodge shortages and arbitrage.
- Officials say stockpiles cover over three months of demand.
- Supply lines from Beira through inland storage remain intact.
- Talks with global oil traders target conflict-free alternative routes.
- Road-based diesel imports got greenlit to diversify delivery.
- Petrotrade and NOIC are tasked with reaching remote areas.
- Diesel pricing was structured to shield mining and agriculture.
- ZERA claims prices could have spiked to around US$2.20.
- Balancing affordability against global cost pressure stays the priority.