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Namibia Cuts Fuel Prices Big Time | Namibia News
Namibia’s government is slashing fuel prices—petrol down $1 per liter, diesel by $4—starting July 3rd, thanks to lower global oil costs, cheaper shipping, and a stronger currency. This move follows a $1.3 billion price-stabilization effort and eliminates import premiums that were unfairly adding to costs, easing economic pressure. A three-month transition (through September 2026) will pave the way for bulk purchasing by fuel companies to further cut costs, with new rules expected soon. The cuts also reverse earlier June hikes triggered by Middle East tensions, offering relief as global…
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