South Africa hikes fuel prices as global oil crisis deepens

Punchng | 05-05-2026 07:04am |

South Africa is set to implement a significant increase in fuel prices starting in May 2026, attributed to escalating crude oil costs and ongoing global tensions affecting the oil market. The new pricing structure will reflect the increased expenses associated with petrol and diesel, impacting consumers and businesses alike. Authorities have indicated that these changes are necessary to align with the current international oil landscape. Further details regarding the specific price adjustments for petrol and diesel will be made available in the coming weeks.

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