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oil-dependency

2 stories related to this topic, newest first.

Global Oil Price Spike After Israel-US Strikes on Iran Increases South African Commuter Transport Coststhesouthafrican.com
world2 hrs agoDeveloping

Global Oil Price Spike After Israel-US Strikes on Iran Increases South African Commuter Transport Costs

Single mother Angel Mbatsha now pays R16 more daily for taxis after the 28 February 2026 conflict sent global oil prices higher. South Africa imports nearly all its fuel, exposing commuters who spend up to half their incomes on transport. Government officials continue to back exp…

AllAfrica
groundup.org.za
2 sources
Gulf Oil Producers Shift Energy Strategy Away from Oil for SecuritySubstrate placeholder — needs review
world30 days ago

Gulf Oil Producers Shift Energy Strategy Away from Oil for Security

Gulf oil-producing countries are adjusting their approach to energy, according to Professor Karen. She states that relying on oil for security is no longer viable. This change reflects evolving regional priorities in energy policy.

FO
1 source