The Ministry of Energy and Green Transition has announced that a new date for implementing the Dumsor Levy will be communicated once tensions between Israel and Iran ease and global oil markets stabilize.

According to Richmond Rockson, Spokesperson and Head of Communications at the Ministry, the government is closely monitoring global developments to protect recent gains in Ghana’s oil sector.

“Over the past three days, crude oil prices on the international market have surged from $60 to $74—the highest in five months. This increase has disrupted our pricing model,” Rockson said.

He added that President John Mahama has directed the Ministers of Energy and Finance to continue monitoring the situation, and a new date for the levy’s rollout will be set once conditions are favorable.

The Ministry confirmed that the implementation of the Energy Sector Levies (Amendment) Act, 2025 (Act 1141)—which imposes GH¢1 per litre on petrol and diesel, and 20 pesewas per kilogram of gas—has been postponed due to escalating geopolitical tensions in the Middle East.

“Yes, I can confirm that the government, as earlier announced by the GRA, has postponed the rollout of the Act. The delay is directly tied to the impact of the Israel-Iran conflict on global oil prices,” Rockson noted.

He emphasized that the President is committed to shielding Ghanaians from new financial burdens, especially after months of relief at the fuel pumps.

“Since February, we’ve seen significant reductions in fuel prices—from around GH¢17 to GH¢11 or GH¢12—thanks to stable exchange rates and effective market management,” he said.