Fuel prices skyrocket amid global oil tension

Fuel prices skyrocket amid global oil tension

Fuel prices skyrocket amid global oil tension

Niël Terblanché The Ministry of Mines and Energy in Namibia has announced a significant hike in fuel prices that will come into effect tomorrow, 3 April 2024, marking a steep increase for motorists and industries alike. According to the ministry, the price of petrol will increase by 152 cents per litre and both types of diesel by 72 cents per litre. Prices at the pumps in Walvis Bay will henceforth be N$22.30 per litre for petrol and N$21.77 per litre for diesel. The ministry said the sharp increase has been attributed to a mix of global and domestic factors, including…
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