Middle East war
Middle East war
Middle East war
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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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Iran war redraws sea routes with Africa as the pivot
Global trade routes are shifting due to Strait of Hormuz closures, with shipping rerouted via African ports, increasing costs and delays.
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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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Prolonged Strait of Hormuz closure to scar global oil markets for years
The world’s worst oil supply disruption in history will take months and potentially years to recover from.
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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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Iran executes 21, arrests 4 000 since Middle East war began: UN
Iran has executed at least 21 people and arrested more than 4 000 since the Middle East war began.
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US examines Iran proposal to unblock Strait of Hormuz
The White House said on Monday it was examining Iran’s latest proposal to unblock the Strait of Hormuz.
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King Charles to urge Trump to ‘come together’ with Britain
King Charles III’s state visit aims to mend US-UK relations, featuring a ceremonial welcome and a historical address to Congress.
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Oil rises, stocks mixed as US-Iran peace talks stall
Oil prices rose over 2% following Trump’s cancellation of US-Iran peace talks, amid stalled negotiations and tensions.
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Middle East war drives up condom and rubber glove prices
The Middle East war has caused Malaysian condom and glove manufacturers to raise prices due to increased raw material costs and supply chain disruptions.
