Consumers face the “strong possibility” of further hikes in fuel prices due to ongoing instability in the Middle East, the Minister of Commerce has warned. Speaking...
The global economy is facing the prospect of a severe energy crisis following President Donald Trump’s Sunday, 12 April, announcement of a total blockade on Iranian...
A decision regarding national fuel prices could be announced “at any moment,” according to the Minister of Commerce, Michael Sik Yuen. Speaking on RadioPlus this Thursday,...
Households across the nation face an immediate spike in living costs as the price of a 12kg cooking gas cylinder rises by Rs 60, effective from...
Rising global oil prices, fuelled by escalating tensions in the Middle East, are threatening the profitability of Air Mauritius and forcing airfares to record highs for...
Oil prices have slumped by 10% on Tuesday, 10 March, after US President Donald Trump declared the conflict with Iran “almost” over, triggering a significant rebound...
Global oil prices soared on Friday, 6 March, with the international benchmark Brent crude hitting $91.89—its highest level since April 2024—following a vow from US President...
Mauritius is moving to secure its fuel supply chain through a renewed partnership with India as the escalating conflict in the Middle East threatens to send...
Global energy prices have surged and stock markets have fallen sharply as a deepening military confrontation between the United States and Iran sparks fears of a...
The State Trading Corporation (STC) has moved to overhaul its procurement processes in a bid to drive down domestic prices by attracting a wider pool of...