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Zambia shields fuel supply as Middle East crisis drives oil price surge

Oil lifting process. Photo by J.f Manzanero @ Unsplash
Oil lifting process. Photo by J.f Manzanero @ Unsplash
  • Zambia plans new fuel depots to boost energy security
  • Oil price surge raises fears for mining and economy

 

LUSAKA, ZAMBIAZambia is ramping up fuel storage and supply coordination to shield its economy from surging global oil prices triggered by escalating Middle East tensions.

The government says it has implemented targeted measures to safeguard national energy security and cushion consumers from adverse price shocks caused by logistical and production disruptions in the Middle East.

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