R13 per litre pain on the cards for South Africa
- Yes, R13 per litre pain on the cards for South Africa, as early data suggests petrol prices could reach R6.50 per litre and diesel prices could reach R13 per litre higher than before the US-Iran War.
- The under-recoveries in petrol and diesel prices are due to early data from the Central Energy Fund, showing an under-recovery of around R1.00 per litre for petrol and R5.00 per litre for diesel.
- If the early projections hold, motorists will face significant price increases, undoing the cut to petrol prices in August and widening the gap between pre-war and post-war fuel prices.
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