From bad to worse for petrol prices in September
- Petrol prices are expected to increase in September due to a new flare-up in Iran and rising global oil prices.
- The under-recovery in fuel prices has eased slightly, from around R1 per litre for petrol to about 50 cents per litre, but remains a concern for motorists.
- The rand's resilience against the dollar is helping to reduce the under-recovery, but the outcome for fuel prices in September remains uncertain and dependent on global market developments.
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