The Government is diversifying its relationships with fuel suppliers and will continue to explore every responsible avenue to offset shocks to the local economy
The Government is taking measure to minimize disruption caused by America and Israel’s war with Iran.
Home Affairs Minister Alexa Lightbourne told parliamentarians today that back in April, a consumer protection directive prevented any changes to fuel prices, until mid-October.
The Ministry continues to closely monitor the impact of the Middle East conflict on global oil markets – and the potential consequences for Bermuda’s fuel costs.
Minister Lightbourne said that licensed wholesalers of fuel are not disadvantaged by the price freeze.
