Mozambican fuel import bill surged 79.4% in three months

Mozambique's fuel import bill surged by 79.4% from March to June, totaling $660.6 million in the first half of the year. The increase was driven by supply difficulties and currency constraints, with significant queues at fuel stations reported. The government raised fuel prices in May, citing international market impacts from Middle Eastern conflicts. Diesel imports accounted for the largest share of the energy bill, with $455.6 million spent. In response to supply issues, the government approved an emergency mechanism to mobilize $50 million for fuel imports, ensuring national supply during crises.