PRESIDENT Hakainde Hichilema has assured Zambians that the ongoing conflict in the Middle East will not significantly affect the country’s fuel supply, following an urgent high level meeting with key players in the petroleum sector.
The President convened the meeting with Oil Marketing Companies and government officials to map out strategies aimed at shielding consumers from rising global fuel prices and potential supply disruptions linked to the conflict.
Speaking during the meeting at State House yesterday, President Hichilema acknowledged that instability in the Middle East continues to exert pressure on global energy markets but stressed that Zambia is better positioned to withstand such external shocks.
“Since August 2021, we have worked hard to turn around the country’s economic situation, and we have made real progress. We restructured the debt, we confronted the drought, and the energy sector has been central to this growth agenda,” he said. “We are now in a better position and must consolidate this growth.”
The Head of State emphasised that measures previously implemented during the drought response remain in place and can be leveraged to cushion the country against fuel price volatility.
He further directed the Ministry of Energy to collaborate closely with industry stakeholders on immediate and long-term interventions to ensure stable and affordable petroleum supply.
He also urged oil marketing firms to utilise their international supply networks to maintain consistent fuel availability.
At the same time, the President warned against fuel hoarding and artificial shortages, stating that government would not hesitate to act against any form of market manipulation.
“We do not believe in conflict. Instability anywhere is instability everywhere,” he said, adding that government’s priority is to minimise the impact of the crisis on ordinary citizens.
National Oil Marketing Association vice president Pinchi Simukwai confirmed that the industry is working with government to manage the situation, noting that Zambia is likely to face pressure from global supply chain disruptions, increased freight costs and fluctuations in crude oil prices.
According to a statement issued by State House chief communication specialist Clayson Hamasaka government remains committed to safeguarding the country’s energy security and cushioning citizens from the effects of the evolving crisis.
Hamasaka said government will continue to monitor developments and provide updates as the situation unfolds.
The meeting was attended by Finance Minister Situmbeko Musokotwane, the Minister of Energy, and several private sector players, including major oil companies operating in Zambia.
Kalemba, March 18, 2026
