Fuel Prices Under Pressure as Mozambique Relies on Middle East Imports

From Hormuz to Maputo: How War Threatens Mozambique’s Fuel Supply
Fuel Prices Under Pressure as Mozambique Relies on Middle East Imports
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Reviewed By:
Sankha Ghosh
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Business leaders in Mozambique are warning that the country is on the verge of an energy crisis. Recent reports indicate that the country's fuel reserves may only last until the first week of May 2026.

This fuel shortage has arisen amid ongoing geopolitical conflicts in the Middle East. The situation was exacerbated by the sudden closure of the strategic Strait of Hormuz due to the impacts of war. 

US-Iran Conflict: Fuel Market Impact

Álvaro Massingue, president of the Confederation of Economic Associations (CTA) said he was very worried about the stability of the national economy. Massingue said that the government currently has about 75,000 tonnes of fuel in Maputo. However, the current stock will only be available for a short time.

The Way Ahead

Secretary of State Amílcar Tivane said, “At present, existing fuel stocks allow the economy to function until early May. However, measures are being implemented to ensure that, in the event of a total disruption of petroleum product flows through the Strait of Hormuz, deliveries via alternative routes can be activated.”  

According to some officials, approximately 80% of Mozambique’s fuel imports transit through the Strait of Hormuz from the Middle East. They also added that the country currently has enough fuel to meet domestic consumption needs.

Furthermore, “The prices at which these products are being sold – for example, petrol at 85 meticais [€1.14] per litre and diesel at around 80 meticais [€1] – will remain for a little longer until the end of April, as these stocks were imported at prices in effect before the conflict began,” Tivane added last week.

Also read: US-Iran Conflict Pushes Crude Prices Higher, Testing Global Inflation Control

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