Sri Lanka Faces Fuel Crisis Amid Global Tensions
Sri Lanka's Energy Minister revealed enough fuel stocks until mid-May amidst the Iran-US-Israel conflict impacting global oil supply. Fuel rationing has been applied with a QR code, creating technical issues and long lines. A four-day workweek has been instituted, and oil prices were raised to prevent hoarding.
- Country:
- Sri Lanka
Sri Lanka's Energy Minister, Kumara Jayakodi, announced in parliament that the current fuel stocks will last until mid-May. This revelation is linked to the turmoil caused by the Iran-US-Israel conflict, which has affected global oil routes.
The closure of the Strait of Hormuz, a crucial pathway for energy supplies, has intensified concerns. Jayakodi addressed the opposition regarding the available petrol until April 23 and diesel until April 13, introducing QR-based fuel rationing amidst rollout glitches causing long queues.
As a response to the crisis, Sri Lanka is implementing a four-day workweek, commencing with Wednesday designated as a public holiday. Most institutions, except essential services, will close weekly to address fuel shortages, President Anura Kumara Dissanayake confirmed, citing possible shipping delays and recent oil price hikes aimed at preventing hoarding.
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