Treasury frets over Middle East conflict

The geopolitical tensions prompted a 12,4 percent month-on-month increase in domestic gas prices and a 9,5 percent jump in fuel and lubricants during the month of April

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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