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Ethiopia's Fuel Crisis: Prioritizing Essentials & Green Shift

Ethiopia's Fuel Crisis: Prioritizing Essentials & Green Shift

Johannesburg News Today | 2 Min News | The Daily News Now! · The Daily News Now!

March 31, 20261m 18s

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Show Notes

Ethiopia grapples with severe fuel shortages due to the Middle East conflict, with Irans blockade of the Strait of Hormuz reducing global oil and gas flow by a fifth. The country prioritizes essential goods and public transport, cutting daily diesel supplies by half. With fuel prices soaring amid inflation, the government urges citizens to reduce consumption and invest in renewable energy. Despite promoting electric vehicles, they only account for seven percent of cars on the road. The government is working to stabilize supplies and accelerate the green transition to prevent future crises.

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