Maldives spent MVR 10bn on fuel imports last year

1 week ago

The state spent MVR 10 billion on importing fuel into the Maldives last year, according to Tourism and Environment Minister Thoriq Ibrahim. The Maldives imports almost all of its fuel from the Middle East, mainly from Oman. The ongoing US-Israeli war on Iran, and Tehran’s Iran’s essential closure of the Strait of Hormuz – a critical Gulf waterway through which about one-fifth