Bad to worse for South Africa’s petrol price
- South Africa's petrol price is expected to increase by between 63 and 74c per litre in September.
- The expected hike is due to the volatile situation in the Middle East, particularly the ongoing conflict in Iran, which has led to disruptions in oil shipments and a rise in Brent Crude oil prices.
- The situation is likely to continue affecting fuel prices, with the US-Iran conflict showing no signs of resolution, and the rand's strength against the US dollar offering little relief for South African motorists.
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