Bolivia faces renewed fuel shortage as President Paz struggles with economic crisis
Updated
Updated · Bloomberg · Apr 24
Bolivia faces renewed fuel shortage as President Paz struggles with economic crisis
11 articles · Updated · Bloomberg · Apr 24
President Rodrigo Paz, aligned with the Trump administration, confronts fresh fuel shortages amid surging global oil prices linked to the Iran war.
The government’s ability to import fuel is hampered by dwindling natural gas exports, scarce dollars, and unsustainable fuel subsidies, fueling social unrest and a widening budget deficit.
Bolivia’s new right-wing leadership, which promised economic recovery after decades of socialist rule, now faces mounting challenges as global events exacerbate domestic vulnerabilities.
Beyond the Iran war, what domestic failures are truly fueling Bolivia's crippling energy crisis?
How will the global energy shock from the Iran conflict redraw the political map of South America?
Can President Paz impose harsh economic reforms without igniting a full-blown social revolution?
With its natural gas gone, could this crisis pivot Bolivia towards a renewable energy future?
Will US support save Bolivia's economy or trap it in a new cycle of foreign debt?