Bränslepriser

South Africans may experience substantial fuel price cuts from midnight next Tuesday. The changes are linked to a memorandum of understanding between the US and Iran. Petrol prices could fall by more than R3 a litre.

16 juni 2026 Rapporterad av AI

The Department of Energy welcomed progress in US-Iran peace talks but cautioned that restoring domestic fuel prices to pre-crisis levels could require six to 12 months. Officials emphasized that the situation now involves broader economic effects beyond oil supply.

Bensinpriserna förblev i stort sett oförändrade den här veckan och ligger kvar på sina högsta nivåer på nästan fyra år. Det nationella genomsnittspriset för vanlig bensin nådde 4,49 dollar per gallon den 18 maj.

19 maj 2026 Rapporterad av AI

The government and transport stakeholders reached an agreement on Tuesday to suspend the matatu strike for one week. This allows for further talks on fuel prices.

India's retail inflation for April rose to a 13-month high of 3.48 percent, while wholesale inflation more than doubled to 8.3 percent. The increases are driven mainly by higher fuel and food costs amid the ongoing conflict in the Middle East.

13 maj 2026 Rapporterad av AI

South African employers are being advised against retrenchments despite rising fuel prices caused by the Middle East conflict. Experts describe the situation as a temporary oil shock rather than a full economic crisis. They recommend short-term measures such as hybrid work instead of permanent job cuts.