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Government assures Public of Stable Fuel Supply amid Middle East tensions 

James Opio by James Opio
March 3, 2026
in Business, Featured, News
0
Ministry of Energy explains Drop in Fuel prices

Fuel prices will remain stable in Uganda. The government announced on Tuesday

The Ministry of Energy and Mineral Development together with the Uganda National Oil Company has reassured the country that fuel supplies remain stable despite rising tensions and uncertainty in the Middle East. 

In a press release issued on March 2, 2026, the two institutions said Uganda will continue to have a reliable supply of petroleum products, dismissing fears of possible shortages triggered by instability in the Gulf region. Concerns had emerged globally over potential disruptions to oil shipments, particularly those passing through the Strait of Hormuz, a key global transit route located between Iran and Oman. 

Authorities said UNOC and its supply partner, Vitol, are closely monitoring developments in the international market and have put in place appropriate measures to guarantee uninterrupted fuel supply into Uganda. The statement emphasized that Uganda does not rely entirely on supplies from a single region, noting that alternative sourcing routes are available to ensure continuity. 

“Scheduled fuel cargo deliveries for March 2026 remain on course, with contingency plans in place to avert any immediate impact,” the statement noted. 

The government urged the public, fuel dealers, and market participants to remain calm as it continues to assess global developments in collaboration with industry stakeholders. Officials indicated that with supply remaining stable, pump prices are expected to stay relatively unchanged in the short term. 

The ministry further reaffirmed government’s commitment to implementing its mandate under the Petroleum Supply Act and ensuring long-term security of petroleum products in the country. 

The reassurance comes at a time when global energy markets remain sensitive to geopolitical developments, particularly in oil-producing regions. However, authorities maintain that Uganda’s fuel supply chain remains secure and resilient against external shocks. 

Tags: Middle East tensionUganda National Oil Company
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