Fuel rationing announced in several countries amid rising prices

Several countries, including Sri Lanka, Slovenia and Indonesia, have introduced fuel purchase limits or other rationing measures after disruptions near the Strait of Hormuz tightened supplies and prompted warnings from the International Energy Agency.

Several governments have announced fuel rationing or binding purchase limits as global fuel prices rise. The steps follow disruptions near the Strait of Hormuz and statements from the International Energy Agency describing a major supply shock. Newsweek compiled a list of countries that have imposed limits to conserve supplies and reduce shortages. Officials cited distribution bottlenecks, hoarding and strained subsidy budgets as drivers of the measures. Key developments: - Countries named in the report that have enforced rationing or binding limits include Sri Lanka, Myanmar, Cambodia, Slovenia, Bangladesh and Indonesia. - The International Energy Agency described the Strait of Hormuz disruption as the largest supply shock in the history of the global oil market, and crude prices rose above $100 per barrel. - Slovenia introduced formal purchase caps, including a 50‑liter limit for private motorists and larger allocations for businesses and farmers. - Indonesia announced a 50‑liter per day limit for private vehicles with exemptions for essential sectors, and Sri Lanka reinstated a QR‑code National Fuel Pass to limit weekly purchases. Summary: Rationing measures signal that the current market disturbance has moved beyond price spikes to physical supply stress for some import-dependent countries. The near‑closure of the Strait of Hormuz and higher crude prices are central factors. Undetermined at this time.