Reply to thread

Message

[QUOTE="Queen, post: 88324, member: 27"]
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
[LIST]
[*]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.
[/LIST]
Fuel reserves are looking decent for now
[LIST]
[*]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.
[/LIST]
The government tries to soften the blow
[LIST]
[*]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.
[/LIST]
[/QUOTE]

Name