Treasury frets over Middle East conflict

ZIMBABWE consumed 1,22 bil­lion litres of diesel in the first nine months of 2026, up 14,4 percent from 1,07 billion litres a year ear­lier, Zimbabwe Energy Regulatory Authority (Zera) data shows.

AUTHORITIES have warned that the country’s economic outlook faces mounting risks if the Middle East conflict persists, citing potential strain on public finances, rising inflationary pressures and slower growth. Zimbabwe, which relies heavily on imported fuel, remains increasingly exposed to global oil market disruptions triggered by escalating tensions involving the United States of America, Israel…

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