crude oil
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SA fuel levy relief extended to June: What you’ll pay
National Treasury extends fuel levy relief to June 2026, suspending the diesel levy entirely as Middle East tensions drive up oil prices.
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Trump warns Iran blockade could last months as oil prices soar
President Donald Trump said a US naval blockade against Iran could last months, leading oil prices to spike.
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Fuel levy relief extended to June amid Middle East crisis
Government has extended temporary fuel levy relief until the end of June, citing ongoing pressure on global oil prices due to the Middle East conflict.
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Oil plunges, stocks jump as Iran declares Strait of Hormuz open
Oil prices dropped over 10% after Iran declared the Strait of Hormuz open, boosting stock markets and hopes for peace talks.
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The hidden reach of crude oil: From fuel pumps to fertiliser and your phone
The Middle East war spikes crude oil prices, impacting fuel costs and widespread products, threatening food security and manufacturing globally.
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Driving smarter can be the key to saving on fuel costs
Rising fuel costs due to geopolitical tensions strain household budgets. Effective driving practices can mitigate personal expenses on fuel consumption.
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Two ships cross Strait of Hormuz as ceasefire takes effect
Two ships have passed through the Strait of Hormuz since Iran agreed to reopen the waterway as part of a ceasefire deal.
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Global ceasefire and massive oil correction offer crucial relief for the SA economy
A sudden global shift has delivered much-needed relief for South Africa. Following a Middle East ceasefire, oil prices have dropped sharply and the Rand has strengthened.
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Oil prices drop sharply, Asian stocks rise after US-Iran ceasefire agreement
Asian stocks rose sharply and oil prices fell in early trade on Wednesday after the United States and Iran agreed to a two-week ceasefire, with Tehran temporarily reopening the vital…
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Pain at the pumps set to intensify as May could bring further R10 per litre diesel hike
South Africans are bracing for potentially devastating fuel price increases in May, with diesel prices set to rise by more than R10 per litre.
