ran’s powerful chief negotiator has warned the United States against any further escalation in the Strait of Hormuz, risking reigniting the Middle East war.
Motorists will face significant increases at the pumps from Wednesday as petrol and diesel prices rise by between R3.27 and R6.19 per litre.
Iran warned that it would consider any US attempt to interfere in the Strait of Hormuz a breach of the Mideast ceasefire.
President Donald Trump has intensified plans to reduce American military saying that troop cuts will extend “way down” beyond the 5 000 personnel.
Californians fume over soaring petrol prices, calling President Donald Trump an idiot.
Renewed fighting between the US and Iran is likely after Donald Trump said he was “not satisfied” with a new Iranian negotiating proposal.
National Treasury extends fuel levy relief to June 2026, suspending the diesel levy entirely as Middle East tensions drive up oil prices.
Global trade routes are shifting due to Strait of Hormuz closures, with shipping rerouted via African ports, increasing costs and delays.
President Donald Trump said a US naval blockade against Iran could last months, leading oil prices to spike.
The US-Israeli conflict on Iran could push over 30 million people into poverty, exacerbating global energy and food insecurity issues.