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Middle East conflict triggers fuel shortages, drives up prices in Guyana

China

China

China

Middle East conflict triggers fuel shortages, drives up prices in Guyana

2026-04-15 17:06 Last Updated At:04-16 00:37

Guyana is facing acute fuel shortages and surging pump prices as Middle East tensions disrupt global oil shipments, leaving residents waiting hours at gas stations and warning that the crisis is driving up the cost of living.

Oil prices spiked after U.S. and Israeli strikes against Iran in late February, compounded by the near‑closure of the Strait of Hormuz, a shipping lane that normally carries one‑fifth of global crude. The disruption has driven up costs and delayed deliveries, exposing Guyana's reliance on imported fuel and triggering the shortages now seen at pumps nationwide.

Despite holding some of the world's largest per‑capita oil reserves, Guyana lacks domestic refining capacity, forcing it to export crude and buy back gasoline and diesel at higher prices.

In the capital Georgetown, queues stretching hundreds of meters have become routine at gas stations, with drivers waiting hours to fill up. Residents say the crisis has worsened in recent weeks as shipping delays and higher import costs squeeze local supply, forcing families to cut back and raising fears of broader economic strain.

"It's just the long lines at various gas stations. You have to wait hours to reach the pump," said Bari, a resident.

"We're suffering because of the war going on in the Middle East. It's never happened [here] before. And this is a tight situation right now for the economy. It's putting [the price of] everything [up] , the cost of living is going to go up," said Jordi Joseph, another resident.

Fuel scarcity has also been reported in smaller towns far from the capital. Over the past month, some stations have run out entirely. In one riverside community, two of three fueling points serving boats were out of fuel, forcing all vessels to crowd into the only remaining site.

"And we have three service stations that provide services for the boats. They have a ramp over the water. So, we would just go up and fill our tanks. Today, two of them is out of gasoline, one alone is falling [low in fuel], so all the boats are crowded there today, for that amount of gasoline. All of this has been caused by the war and we are getting a shortage of fuel presently here," said Murphy Gomes, a resident.

Middle East conflict triggers fuel shortages, drives up prices in Guyana

Middle East conflict triggers fuel shortages, drives up prices in Guyana

A Russian navy fleet consisting of Navy corvettes Sovershennyy and Rezkiy, and the medium-sized oil tanker Pechenga arrived in Zhanjiang City of south China's Guangdong Province on Wednesday for a goodwill visit.

The Russian fleet, flying the flags of both Russia and China, docked on Wednesday morning at a military port in Zhanjiang, where the Chinese side held a welcome ceremony.

During the visit, Chinese and Russian officers and soldiers will tour each other's ships, attend receptions, participate in professional exchanges, and compete in sporting events.

The visiting vessels belong to the Russian Pacific Fleet and had all previously participated in cooperation and exchange activities between the two Navies.

The Chinese vessel participated in the exchange, Chenzhou, is a home-grown guided-missile frigate, with strong early warning and detection capabilities as well as comprehensive combat capabilities in multiple aspects, including shore bombardment, anti-ship, anti-aircraft and anti-submarine warfare. Since its commissioning, it has participated in and successfully completed a number of major drills and military exercises.

"I hope that in the following days of the event, we can deepen friendship and engage in professional and technical discussions with our Russian counterparts, and showcase the excellent image of the Chinese Navy," said Zhang Wenxuan, a Chinese Navy sub-lieutenant on Frigate Chenzhou.

The visit is part of routine goodwill exchanges between the two Navies, aimed at further enhancing mutual trust and practical cooperation, which is neither targeted at any third party nor linked to the current international and regional situation.

Russian Navy fleet visits south China's port city

Russian Navy fleet visits south China's port city

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