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Iran War: Mozambique warns of fuel price hikes if conflict persists

Daniel Chapo stated that price increases could begin by late April or early May, depending on how the situation evolves. “There is no reason for alarm,” he said, emphasizing that Mozambique still has time before the impact is felt domestically

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The President of Mozambique, Daniel Chapo, warned that fuel prices in the country could rise in the coming months if the conflict in the Middle East continues, while reassuring citizens that current reserves are sufficient for at least one to one and a half months.

Chapo stated that price increases could begin by late April or early May, depending on how the situation evolves. “There is no reason for alarm,” he said, emphasizing that Mozambique still has time before the impact is felt domestically.

The warning came after his participation in the Organization of African, Caribbean and Pacific States summit held in Malabo.

Despite concerns, the government has denied any immediate fuel crisis. Authorities say the country maintains regular supply contracts through 2027, with imports continuing normally. However, panic buying has led to long queues at fuel stations, particularly in Maputo.

Read more about this topic: Iran War: Mozambique admits budget revision “in extreme case”

Mozambique remains highly dependent on fuel imports, with around 80% passing through the Strait of Hormuz, which has been disrupted due to regional tensions. This has increased pressure on supply chains and raised the risk of higher prices.

Officials also highlighted that excessive stockpiling by consumers is contributing to distribution strain and urged the public to maintain normal consumption patterns.

Industry group Amepetrol confirmed there is no imminent shortage, noting that additional logistical measures—such as increased terminal operations—are being implemented to stabilize supply.

The situation reflects broader global energy market volatility, with Mozambique particularly vulnerable due to its reliance on imported fuel and external supply routes.

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