oil prices
oil prices
oil prices
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NovaNews Newscast — Today’s Top Stories, 12 October 2026
Transport Minister Barbara Creecy is blocking the Road Accident Fund’s bid to raise the fuel levy by 75 cents to R3 a litre, and oil prices dropped after US President…
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Oil prices jump as Trump says no to Iran’s truce plan, South Africa to feel the pain
Oil prices surged after Trump rejected Iran’s truce offer, reigniting inflation concerns as markets await crucial US economic data releases.
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A history of oil price swings this century
Brent crude topped $100 a barrel as US-Iran tensions flare, marking another chapter in oil’s volatile price history this century.
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Oil prices surge towards $100 as Middle East conflict escalates
Iran launched fresh attacks against the United States on Wednesday in retaliation for US strikes on its vessels in escalating conflict.
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Oil prices climb as US-Iran tensions threaten shipping routes
Oil prices rise as Trump refuses to extend Iran truce, threatening crucial shipping routes and stoking inflation concerns worldwide.
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US shifts war priority from Iran’s nuclear program to lowering oil prices
The US has shifted its Iran war priority from nuclear weapons to lowering petrol prices as Tehran controls Strait of Hormuz.
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Oil prices surge as US-Iran negotiations stall
Oil prices climb and markets stumble as US-Iran talks stall, raising inflation fears and questions about interest rate policy.
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Oil prices tumble as Trump announces Iran talks
Oil prices fell more than 6% after Trump announced Iran talks while tech stocks weighed on Asian markets amid AI concerns.
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Trump orders investigation into oil companies over fuel prices
US President Donald Trump has ordered an investigation into oil companies for not lowering pump prices despite falling crude costs amid economic criticism.
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South African motorists to brace for more pain at the pumps in May
Mid-month projections of the Central Energy Fund shows motorists can expect yet another steep price hike in May.
