Zimbabwe’s fuel prices have risen again in March 2026, with the Zimbabwe Energy Regulatory Authority (ZERA) setting new prices at US$2.05/litre for diesel and US$2.17/litre for petrol (E5).
The increase is driven by global oil price pressures and supply adjustments, with authorities reviewing prices every two weeks to maintain availability and prevent shortages.
Despite government efforts to cushion costs, prices have jumped from earlier March levels of around US$1.77 (diesel) and US$1.71 (petrol). ZERA says prices could have been even higher without intervention.
Analysts attribute the high costs to taxes, transport expenses due to Zimbabwe’s landlocked position, foreign currency dependence, and ethanol blending policies.
The price hikes are expected to push up transport, food, and production costs, putting pressure on key sectors like mining and agriculture.
