He made the remarks following an announcement by the Rwanda Utilities Regulatory Authority (RURA) indicating that the price of petrol had risen to Rwf 2,938 per litre, up from Rwf 2,303, while diesel prices remained unchanged at Rwf 2,205 per litre.
Minister Sebahizi emphasized that the government is taking measures to ensure the continued availability of key imported products, including petroleum products, medicines, fertilizers, and food items.
“We are working to ensure that petroleum products remain available on the market, and that essential imported goods such as medicine, fertilizers, food, and fuel do not run out,” he said.
The rise in global fuel prices has been largely driven by ongoing conflict involving the United States, Israel, and Iran, which has lasted for over a month and a half. The situation worsened after Iran blocked the Strait of Hormuz, a critical route through which about 20% of the world’s daily oil supply passes.
Although a temporary truce had raised hopes of stabilization, negotiations between Iran and the United States collapsed after more than 20 hours of talks, leading to renewed uncertainty in global markets.
Following the failed negotiations, global oil prices surged again, with a barrel exceeding $100, further impacting fuel prices worldwide, including in Rwanda.
