The South African Reserve Bank maintains the repo rate at 6.75%, citing global uncertainty’s inflation risks amid the Middle East conflict.
South Africa’s agricultural sector is facing critical diesel supply disruptions at retail level, despite national fuel stocks remaining stable.
The United States has threatened to strike Iran’s key oil hub, Kharg Island, which hosts the country’s main crude export terminal and is responsible for the overwhelming majority of its…
The Western Cape Government warns suppliers against diesel rationing, emphasizing adequate reserves amidst agricultural sector pressures and Middle East tensions.
Trump struggles with defining victory in the Iran war amid escalating violence, diplomatic isolation, and a critical need for negotiations.
A drone-related incident sparked a fuel tank fire near Dubai airport on Monday and disrupted travel as Iran maintained its Gulf attacks.
Middle East tensions intensify after drone strike on the US embassy in Baghdad, new missile attacks and warnings over global oil supplies increases.
Four US crew members died when a military refuelling aircraft crashed in western Iraq, as the conflict in the Middle East intensifies.
South Africa issues urgent travel advisory for Middle East amid ongoing conflict. Citizens must register with embassies and use Travel Smart App.
The Middle East war has caused the biggest oil supply shock in history, with prices spiking above $100 a barrel.