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Uganda Faces Rising Fuel Prices Amid Iran-Israel Conflict

Summary by allAfrica
Uganda has begun to feel the ripple effects of escalating conflict in the Middle East, with fuel prices rising by 100 shillings per litre in response to a surge in global oil prices.

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Fuel Increase: A Direct Impact of the Iran-Israel Conflict On the eve of the major departures on holiday, a new geopolitical tension in the Middle East is intensifying an already burning issue: fuel prices. The military escalation between Iran and Israel, which threatens the stability of a corridor essential to world oil trade, is a cause for [...]

Will the fuel go up for taxi drivers and transporters? Minem gives projections in the face of the Iran-Israel conflict Source: RPP The Minister of Energy and Mines, Jorge Montero, presented himself at Economy for All by RPP and spoke about the possible impact of the armed conflict between Iran and Israel on the price of fuels in Peru. While recognizing that the international situation could generate concern, he assured that the effect on the na…

This is a question that Marie France's readers have asked us this Monday: is there a right to fill up in a jerrican in case of rising prices? After a week-end of terrible concern following the American strikes on Iran's nuclear power plants, the price increase at the pump is on all lips. Like the repercussions of the war in Ukraine in 2022, it is this time the situation in Iran that is worrying, while the country threatens to cut access to the S…

The Governor of the Bank of Mauritius, Rama Sithanen, attended today, on 23 June, the annual conference of the Community of African Banking Supervisors (CABS). In his speech to the press, he shared his analysis of the future global economic situation. He stressed that the growing tensions, particularly between Israel and Iran, and other potential conflicts, lead to a financial world where many partners will be involved. He also referred to the e…

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Vanguardia broke the news in on Sunday, June 22, 2025.
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