Madagascar’s President Andry Rajoelina has signed a decree authorizing emergency measures to safeguard the country’s fuel supply, as rising geopolitical tensions in the Middle East raise concerns over potential disruptions.
The decree allows authorities to requisition fuel stocks if necessary and temporarily suspend the automatic price adjustment mechanism, which currently links domestic petrol prices to international market rates. These measures aim to stabilize supply and shield the economy from external shocks.
Madagascar remains heavily dependent on imported fuel, particularly from Oman, a key supplier located near the Strait of Hormuz—a critical maritime corridor currently affected by regional tensions. With much of the island’s electricity generated from oil, any disruption in supply could have immediate and widespread consequences.
Although no shortages have yet been reported, the government has warned that the ongoing conflict could impact daily life, economic activity, and the functioning of public services.
The situation is particularly sensitive given recent history. Fuel and electricity shortages last year triggered nationwide protests that ultimately led to the overthrow of the government, underscoring the high stakes of maintaining energy stability.
Authorities are now acting preemptively to avoid a repeat of past unrest, as uncertainty over global supply chains continues to grow.
Source: Newstimehub
