Government Launches Probe into Oil Firms Suspected of Fuel Hoarding and Price Manipulation

Ugandan authorities have launched an investigation into several oil marketing companies suspected of creating artificial fuel shortages and driving up prices at service stations. This probe comes amid public complaints of dry pumps and fluctuating costs, even though national reserves are reportedly adequate and new shipments are on their way. The government aims to stabilize the market and restore consumer confidence through this action, which is part of a wider oversight effort within the petroleum sector.

Summarized by ZZINA AI