south-africa-economy

thesouthafrican.com

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…

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